Freeman, David; Halevy, Yoram; Kneeland, Terri - In: Quantitative Economics 10 (2019) 1, pp. 217-237
We study the effect of embedding pairwise choices between lotteries within a choice list on measured risk attitude. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment significantly more often when responding to a choice list. This...