This study examines risk premia in a laboratory market featuring a long-lived asset. The research is enabled by …, statistically significant risk premia are reported, in support of standard asset pricing models. Potential determinants of the risk … premia are investigated. These risk premia are not sensitive to expected variance, but do vary positively with the magnitude …

not embed any conceptual contradictions, because consistent with stylized theory - dichotomy of risk premium functions … marginal utility for wealth necessarily is facilitated by a risk premium function that only robustly is parameterized with … reference to `relative safety', as opposed to `relative riskiness' of assets, a risk premium function that then explicitly is …

under the expected utility theory (EUT) are somewhat subject to context. Other findings imply that the risk premium (RP), as …The present paper introduces a theoretical framework through which the degree of risk aversion with respect uncertain … introduces the main elements of the duality theory (DT) in economics. Next, it proposes the context of IUFs as a suitable …

low display more tolerance towards risk in a subsequent incentivized lottery task. This effect is mainly driven by … individuals who more firmly believe that life outcomes are beyond their control. This interaction between risk preferences and …

global earnings growth, which supports our interpretation that B/P reflects systematic risk in future earnings growth. We …