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Estimating risk attitudes in conventional and artefactual lab experiments

Andreas Drichoutis () and Phoebe Koundouri ()

No 1110, DEOS Working Papers from Athens University of Economics and Business

Abstract: We elicit and compare 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 evidence suggesting that students have lower relative risk aversion than others.

Keywords: Risk aversion; CRRA; expo-power; multiple price list (search for similar items in EconPapers)
JEL-codes: C91 D01 D81 (search for similar items in EconPapers)
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Related works:
Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments (2011) Downloads
Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments Downloads
Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments Downloads
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