Does risk aversion or attraction depend on income?: An experiment

被引:31
作者
Bosch-Domènech, A
Silvestre, J
机构
[1] Univ Calif Davis, Dept Econ, Davis, CA 95616 USA
[2] Univ Pompeu Fabra, Barcelona, Spain
关键词
experimental economics; risk aversion; risk attraction; income risks;
D O I
10.1016/S0165-1765(99)00154-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
Does risk attitude (aversion or attraction) vary with the level of the income at risk? About half of our subjects chose to insure all levels, whereas another half chose instead not to insure low levels, but to insure high levels. (C) 1999 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:265 / 273
页数:9
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