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 |
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