Measuring risk aversion with lists: a new bias
نویسندگان
چکیده
منابع مشابه
Measuring Risk Aversion with Lists: A New Bias
Various experimental procedures aimed at measuring individual risk aversion involve a list of pairs of alternative prospects. We first study the widely used method by Holt and Laury (2002), for which we find that the removal of some items from the lists yields a systematic decrease in risk aversion. This bias is quite distinct from other confounds that have been previously observed in the use o...
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ژورنال
عنوان ژورنال: Theory and Decision
سال: 2012
ISSN: 0040-5833,1573-7187
DOI: 10.1007/s11238-012-9332-5