Cognitive Imprecision and Stake-Dependent Risk Attitudes
收藏NBER2022-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30417
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资源简介:
In an experiment that elicits subjects willingness to pay (WTP) for the outcome of a lottery, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk premium, and find that there is a log-linear relationship between the monetary payoff of the lottery and WTP,
提供机构:
美国国家经济研究局
创建时间:
2022-09-01



