We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences particularly … domains of field behavior. Thus our paper puts previous work that ignored higher order risk preferences into an encompassing …

We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly … these domains of field behavior. Thus our paper puts previous work that ignored higher order risk preferences into an …

We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly … these domains of field behavior. Thus our paper puts previous work that ignored higher order risk preferences into an …

We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment … with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly … these domains of field behavior. Thus our paper puts previous work that ignored higher order risk preferences into an …

standard preferences. We investigate whether the empirical breakdown of this equivalence is due to (non-standard) preferences … needed to derive the optimal bidding strategy). We first elicit measures of individual preferences and then manipulate the … differing complexity between the two formats rather than non-standard preferences. …