Estimating risk attitudes in conventional and artefactual lab experiments
We elicit risk preferences from student subjects and subjects drawn from the general population, using the multiple price list method devised by Holt and and Laury (2002). We find that students are less risk averse than general population subjects.
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- Glenn W. Harrison & Morten I. Lau & E. Elisabet Rutström, 2007.
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- Glenn Harrison & Morten Lau & Elisabet Rutstrom, 2005. "Risk attitudes, randomization to treatment, and self-selection into experiments," Artefactual Field Experiments 00061, The Field Experiments Website.
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- Glenn W. Harrison & Eric Johnson & Melayne M. McInnes & E. Elisabet Rutström, 2005. "Risk Aversion and Incentive Effects: Comment," American Economic Review, American Economic Association, vol. 95(3), pages 897-901, June.
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