Showing 1 - 3 of 3
Previous research indicates that risky and uncertain marginal returnsfrom the public good significantly lower contributions. This paper presentsexperimental results illustrating that the effects of risk and uncertainty dependon the employed parameterization. Specifically, if the value of the...
Persistent link: https://www.econbiz.de/10005866390
answer to both issues, showing how using anincentive compatible experiment produces, in the case of Ghana, reliable results …
Persistent link: https://www.econbiz.de/10005866538
measure,(3)calculates relative risk aversion. The results of the experiment indicate that as theprobability of loss and loss …
Persistent link: https://www.econbiz.de/10005866644