Incentive effects on risk attitude in small probability prospectsLefebvre, M., Vieider, F. M. and Villeval, M. C. (2010) Incentive effects on risk attitude in small probability prospects. Economics Letters, 109 (2). pp. 115-120. ISSN 0165-1765 Full text not archived in this repository. It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. To link to this item DOI: 10.1016/j.econlet.2010.09.002 Abstract/SummaryWe report between-subject results on the effect of monetary stakes on risk attitudes. While we find the typical risk seeking for small probabilities, risk seeking is reduced under high stakes. This suggests that utility is not consistently concave.
Altmetric Deposit Details University Staff: Request a correction | Centaur Editors: Update this record |
Lists
Lists
