Risk attitudes and risk dominance in the long run

B-Tier

Journal: Games and Economic Behavior

Year: 2019

Volume: 116

Issue: C

Pages: 179-184

Authors (2)

Nax, Heinrich H. (not in RePEc) Newton, Jonathan (Kyoto University)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

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Abstract

This paper investigates the role that risk attitudes play in the evolution of conventions in the long run. Risk aversion is shown to be associated with the evolution of maximin conventions, and risk seeking with the evolution of payoff dominant conventions.

Risk attitudes and risk dominance in the long run

Authors (2)

Abstract

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