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Risk aversion is typically inferred from real or hypothetical choices over risky lotteries, but such “untutored” choices may reflect mistakes rather than preferences. We develop a procedure to disentangle preferences from mistakes: after eliciting untutored choices, we confront participants...
Persistent link: https://www.econbiz.de/10013237655
Risk aversion is typically inferred from real or hypothetical choices over risky lotteries, but such “untutored” choices may reflect mistakes rather than preferences. We develop a procedure to obtain a better measure of normatively relevant preferences: after eliciting untutored choices, we...
Persistent link: https://www.econbiz.de/10013210647
Risk aversion is typically inferred from real or hypothetical choices over risky lotteries, but such "untutored" choices may reflect mistakes rather than preferences. We develop a procedure to disentangle preferences from mistakes: after eliciting untutored choices, we confront participants with...
Persistent link: https://www.econbiz.de/10012482227
Persistent link: https://www.econbiz.de/10012391843
We compare school-to-work transitions of British graduates belonging to ethnic minorities to those of white British … are more important for the labour market outcomes of ethnic minority graduates than for white British. Minorities lacking …
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