Cook, Joseph; Chatterjee, Susmita; Sur, Dipika; … - In: Applied Economics Letters 20 (2013) 1, pp. 1-9
We examine risk preferences in an urban setting in a low-income developing country with nonstudent subjects by adapting the experimental approach of Holt and Laury (HL; 2002). We conducted 22 group experiments with 404 participants and used in-kind payoffs. The average respondent was...