Masclet, David; Loheac, Youenn; Denant-Boemont, Laurent; … - Maison des Sciences Économiques, Université Paris 1 … - 2004
This paper focuses on decision making under risk, comparing group and individual risk preferences in a lottery …-choice experiment inspired by Holt and Laury (2002). The experiment presents subjects with a menu of unordered lottery choices which … allows us to measure risk aversion. In the individual treatment, subjects make lottery choices individually ; in the group …