Risk breeds risk aversion

We examine whether exposure to a more or less risky environment affects people’s subsequent risk-taking behavior. In a laboratory setting, all subjects went through twelve rounds of multiple-price-list decisions between a risky alternative and a safe alternative. In the first six rounds, subjects we...

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Bibliographic Details
Main Authors: He, Tai-Sen, Hong, Fuhai
Other Authors: School of Social Sciences
Format: Article
Language:English
Published: 2020
Subjects:
Online Access:https://hdl.handle.net/10356/144909
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Institution: Nanyang Technological University
Language: English

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