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Persistent link: https://www.econbiz.de/10010345045
This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes. Subjects decide how many boxes to collect out of 100, one of which contains a bomb. Earnings increase linearly with the number of boxes accumulated but are zero if the bomb is...
Persistent link: https://www.econbiz.de/10010987810
Various experimental procedures aimed at measuring individual risk aversion involve a list of pairs of alternative prospects. We first study the widely used method by Holt and Laury (Am Econ Rev 92(5):1644–1655, <CitationRef CitationID="CR21">2002</CitationRef>), for which we find that the removal of some items from the lists yields a...</citationref>
Persistent link: https://www.econbiz.de/10010988778
Various experimental procedures aimed at measuring individual risk aversion involve a list of pairs of alternative prospects. We first study the widely used method by Holt and Laury (2002), for which we find that the removal of some items from the lists yields a systematic decrease in risk...
Persistent link: https://www.econbiz.de/10010549856
Various experimental procedures aimed at measuring individual risk aversion involve a list of pairs of alternative prospects. We first study the widely used method by Holt and Laury (2002), for which we find that the removal of some items from the lists yields a systematic decrease in risk...
Persistent link: https://www.econbiz.de/10010826385
Persistent link: https://www.econbiz.de/10010222447