Heinrich, Timo; Shachat, Jason M. - In: Journal of risk and uncertainty 61 (2020) 3, pp. 263-287
This study experimentally evaluates the risk preferences of children and adolescents living in an urban Chinese environment. We use a simple binary choice task that tests risk aversion, as well as prudence. This is the first test for prudence in children and adolescents. Our results reveal that...
