Li, Sanxi; Sun, Hailin; Chen, Pu - In: Journal of Economics 109 (2013) 1, pp. 27-40
A standard risk-sharing matching game predicts negative assortative matching over agents’ risk attitudes. In regards to risk sharing, less risk-averse agents prefer highly risk-averse partners, who pay a high risk premium. Negative sorting is, however, inconsistent with empirical and...