Browsing Working Papers by Author "Harrison, Glenn W."
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Are you risk averse over other people's money?
Chakravarty, Sujoy; Harrison, Glenn W.; Haruvy, Ernan; Rutstrom, E. Elisabet (2010-04-03)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 ...