Kvaløy, Ola; Eriksen, Kristoffer; Luzuriaga, Miguel - Handelshøgskolen, Universitetet i Stavanger - 2014
We present an experimental study on how people take risk with other people’s money. We use three different elicitation …. Approximately one third of the subjects increase risk-taking when it is on behalf of another subject, while one third reduces risk …-taking. In sum, we find a weak tendency of lower risk-taking with other’s money compared with own money. We also find that …