Sorting, incentives and risk preferences: Evidence from a field experiment

We conducted experiments within a firm to measure the risk preferences of workers who face substantial daily income risk. We find that these workers are significantly more risk-tolerant than individuals from the broader population. This is consistent with sorting: risk-tolerant workers are attracted to high-risk occupations.

MoreLess

Year of publication:	2010
Authors:	Bellemare, Charles ; Shearer, Bruce
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 108.2010, 3, p. 345-348
Publisher:	Elsevier
Keywords:	Risk aversion Sorting Incentive contracts Field experiments

More details

Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008866936