Add to ORKGEstimates of agents' risk aversion differ between market studies and experimental studies. We demonstrate that the estimates can be reconciled through consistent treatment of agents' tendency for narrow framing, regarding integration of background wealth as well as across risky outcomes: Risk aversion is similar whenever similar degrees of narrow framing is assumed in either setting
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
Tests of risk sharing in the contracting literature often rely on wealth as a proxy for risk aversio...
International audienceThis paper focuses on the consequences on asset allocation of an empirical fac...
Estimates of agents' risk aversion differ between market studies and experimental studies. We demon...
Working paper GATE 2011-19An article about Kihlstrom and Mirman about comparative risk aversion with...
We estimate risk aversion from the actual financial decisions of 2,168 investors in Lending Club (LC...
A growing body of literature has suggested that agents ’ risk attitudes may not be constant and are ...
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible lev...
We examine whether exposure to a more or less risky environment affects people’s subsequent risk-tak...
This paper contributes to an important recent debate around expected utility and risk aversion. Reje...
International audienceWe present a new experimental evidence of how framing affects decisions in the...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
We estimate risk aversion from the actual financial decisions of 2,168 investors in Lending Club (LC...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
Tests of risk sharing in the contracting literature often rely on wealth as a proxy for risk aversio...
International audienceThis paper focuses on the consequences on asset allocation of an empirical fac...
Estimates of agents' risk aversion differ between market studies and experimental studies. We demon...
Working paper GATE 2011-19An article about Kihlstrom and Mirman about comparative risk aversion with...
We estimate risk aversion from the actual financial decisions of 2,168 investors in Lending Club (LC...
A growing body of literature has suggested that agents ’ risk attitudes may not be constant and are ...
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible lev...
We examine whether exposure to a more or less risky environment affects people’s subsequent risk-tak...
This paper contributes to an important recent debate around expected utility and risk aversion. Reje...
International audienceWe present a new experimental evidence of how framing affects decisions in the...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
We estimate risk aversion from the actual financial decisions of 2,168 investors in Lending Club (LC...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
How does risk tolerance vary with stake size? This important question cannot be adequately answered ...
We use household survey data to construct a direct measure of absolute risk aversion based on the ma...
Tests of risk sharing in the contracting literature often rely on wealth as a proxy for risk aversio...
International audienceThis paper focuses on the consequences on asset allocation of an empirical fac...