| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061318 | Economics Letters | 2010 | 6 Pages |
Abstract
We report between-subject results on the effect of monetary stakes on risk attitudes. While we find the typical risk seeking for small probabilities, risk seeking is reduced under high stakes. This suggests that utility is not consistently concave.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mathieu Lefebvre, Ferdinand M. Vieider, Marie Claire Villeval,