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: C91 D01 D81 (search for similar items in EconPapers)
Date: 2011-01
New Economics Papers: this item is included in nep-cbe, nep-exp and nep-upt
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https://mpra.ub.uni-muenchen.de/28438/1/MPRA_paper_28438.pdf original version (application/pdf)

Related works:
Working Paper: Estimating risk attitudes in conventional and artefactual lab experiments (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28438

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