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There exists evidence in the social science literature that women may be more relationship- oriented, may have higher standards of ethical behavior and may be more concerned with the common good than men are. This would imply that women are more willing to sacri.ce private pro.t for the public...
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Eliciting risk preferences usually involves tasks that subjects may find complex, such as calculations of expected values and assessment of probabilities in multiple price lists (MPL). There is a serious concern that the decisions of the subjects may be driven by miscalculations or...
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