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Estimating risk attitudes in conventional and artefactual lab experiments

We elicit risk preferences from student subjects and subjects drawn from the general population, using the multiple price list method devised by Holt and and Laury (2002). We find that students are less risk averse than general population subjects.
Authors: Andreas, Drichoutis ; Koundouri, Phoebe
Institutions: Department of International and European Economic Studies, Athens University of Economics and Business (AUEB)
Subject: Risk aversion | CRRA | expo-power | multiple price list
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Type of publication: Book / Working Paper
Language: English
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Number 1114
Classification: C91 - Laboratory, Individual Behavior ; D01 - Microeconomic Behavior: Underlying Principles ; D81 - Criteria for Decision-Making under Risk and Uncertainty
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Persistent link: https://www.econbiz.de/10008799699
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