Dynamic risk preferences under realized and paper outcomes
We conduct a large-scale test of dynamic risk preferences. While most of the literature on dynamic risk restricts attention to positively skewed gambles, subjects in our experiment tend to choose negatively skewed lotteries. This allows us to study dynamic risk preferences in an environment that the...
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| Format: | Article |
| Language: | English |
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Elsevier B.V.
2019
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| Online Access: | View Fulltext in Publisher |