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Estimating risk attitudes in conventional and artefactual lab experiments

Drichoutis, Andreas and Koundouri, Phoebe (2011): Estimating risk attitudes in conventional and artefactual lab experiments.

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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.

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