II, Ronald J. Baker; Laury, Susan K.; Williams, Arlington W. - In: Southern Economic Journal 75 (2008) 2, pp. 367-382
Lottery-choice experiments are conducted to compare risk preferences revealed by three-person groups versus isolated individuals. A lottery-choice experiment consists of a menu of paired lottery choices structured so that the crossover point from a low-risk to a high-risk lottery can be used to...