measure,(3)calculates relative risk aversion. The results of the experiment indicate that as theprobability of loss and loss …The study investigates protective responses in low probability and high loss risk situations.Particularly, it (1 … women) are found to be risk aversefor low probabilities. …

examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of … clear evidence of risk aversion, and of a negative relationship between the latter and willingness to cooperate. …

absorptionand experimentally test the effects of informing none, some, or all playersabout how to derive equilibrium predictions. …

contributions. This paper presentsexperimental results illustrating that the effects of risk and uncertainty dependon the employed … efficiency gains,the presence of risk and uncertainty about the public good’s value is not detrimentalto cooperation. This …

answer to both issues, showing how using anincentive compatible experiment produces, in the case of Ghana, reliable results …