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Estimating risk attitudes in conventional and artefactual lab experiments
Andreas Drichoutis () and
Phoebe Koundouri ()
MPRA Paper from University Library of Munich, Germany
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: D81 D01 C91 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe , nep-exp and nep-upt
Date: 2011-01
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Downloads: (external link)http://mpra.ub.uni-muenchen.de/28438/ original version (application/pdf)
Related works: Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:28438
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