Does risk aversion or attraction depend on income? An experiment
Does risk aversion or attraction depend on income? An experiment
Citació
- Economics Letters, 65, 3, (1999)
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Resum
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.Director i departament
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