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Persistent link: https://www.econbiz.de/10001601184
Experimental studies of risk and time-preference typically focus on one of the two phenomena. The goal of this paper is to investigate the (possible) correlation between subjects' attitude to risk and their time-preference. For this sake we ask 61 subjects to price a simple lottery in 3...
Persistent link: https://www.econbiz.de/10009581107
Persistent link: https://www.econbiz.de/10001616647
The willingness to trust human receivers is compared to the inclination to take lottery risk in six distinct scenarios, controlling the return distributions. Trust shows significantly smaller responsiveness to return expectations compared to parallel pure-risk lottery allocation, and paired...
Persistent link: https://www.econbiz.de/10012956877