The three tasks in the experiment are given below.
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In each task the subject is asked to allocate his investment between the stock and the risk-free bond. Note that the return distributions and risk-free rates in Tasks 2 and 3 are the 2-period and 3-period distributions implied by the 1-period distribution and risk-free rate of Task 1, under the assumption of i.i.d. returns. The detailed experimental procedure is provided below.
创建时间:
2021-04-01



