Deck, Cary; Lee, Jungmin; Reyes, Javier A.; Rosen, … - In: Journal of Economic Behavior & Organization 87 (2013) C, pp. 1-24
Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To...