Are you risk averse over other people's money?

dc.contributor.author	Chakravarty, Sujoy
dc.contributor.author	Harrison, Glenn W.
dc.contributor.author	Haruvy, Ernan
dc.contributor.author	Rutstrom, E. Elisabet
dc.date.accessioned	2010-04-03T09:03:27Z
dc.date.available	2010-04-03T09:03:27Z
dc.date.copyright	2005-08-04
dc.date.issued	2010-04-03T09:03:27Z
dc.identifier.uri	http://hdl.handle.net/11718/1888
dc.description.abstract	We examine the question in the simplest possible setting using controlled laboratory experiments. We find a remarkable results: when an individual makes a decision for an anonymous stranger, he tends to exhibit less risk aversion. This results has significant implications for the design of contracts between principals and agents.	en
dc.language.iso	en	en
dc.relation.ispartofseries	WP;2005/1893
dc.subject	Risk aversion	en
dc.title	Are you risk averse over other people's money?	en
dc.type	Working Paper	en