Gauriot, Romain; Heger, Stephanie A.; Slonim, Robert - 2022
jointly elicit risk preferences and preferences for altruism. Consistent with theory, we find that the standard simplifying … assumptions about risk preferences lead to significantly biased estimates of altruism. This is particularly problematic when … comparing altruism across relevant sub-groups, such as gender and wealth, leading to possibly erroneous conclusions about which …