Risk Aversion in the Laboratory

We review the experimental evidence on risk aversion in controlled laboratory settings. We review the strengths and weaknesses of alternative elicitation procedures, the strengths and weaknesses of alternative estimation procedures, and finally the effect of controlling for risk attitudes on inferences in experiments.

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Year of publication:	2008
Authors:	Harrison, Glenn W. ; Rutström, Eva Elisabet
Published in:	Risk aversion in experiments. - Bingley, U.K : Emerald, ISBN 978-1-84950-547-5. - 2008, p. 41-196
Subject:	Risikoaversion \| Risk aversion \| Experiment \| Schätztheorie \| Estimation theory

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Type of publication:	Article
Language:	English
Other identifiers:	10.1016/S0193-2306(08)00003-3 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015383788