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Does risk aversion or attraction depend on income? An experiment



Does risk aversion or attraction depend on income? An experiment

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Document Type: Working paper
Date: 1999-02-01
This document is associated with a Creative Common license L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
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Citation: Economics Letters, 65, 3, (1999)
Permanent link: http://hdl.handle.net/10230/1052

Abstract:

Does risk attitude (aversion or attraction) vary with the level of the income at risk? About half of our subjects chose to insure all levels, whereas another half chose instead not to insure low levels, but to insure high levels.
Author: Bosch, Antoni (Bosch-Domènech) ; Silvestre, Joaquim
Other authors: Universitat Pompeu Fabra. Departament d'Economia i Empresa

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