Incentive effects on risk attitude in small probability prospects

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 109
Issue: 2
Pages: 115-120

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We 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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:109:y:2010:i:2:p:115-120
Journal Field
General
Author Count
3
Added to Database
2026-01-25