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Measuring Risk Attitudes in a Natural Experiment: Data from The Television Game Show LINGO

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Author Info
Beetsma, R.M.W.J.
Schotman, P.C.

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Abstract

We use data from a television game show involving elementary lotteries and sSubstantial prize money as a natural experiment to measure risk attitudes.We find robust evidence of substantial risk aversion.

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Publisher Info
Paper provided by Southern California - School of Business Administration in its series Papers with number 98-48.

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Length: 45 pages
Date of creation: 1998
Date of revision:
Handle: RePEc:fth:socabu:98-48

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Postal: University of Southern California, School of BusinessAdministration, Los Angeles, CA 90089-1421.
Web page: http://www.marshall.usc.edu/
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Related research
Keywords: RISK ; DECISION MAKING ; EXPERIMENTS;

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Find related papers by JEL classification:
D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General

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This page was last updated on 2009-11-20.

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