| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5062829 | Economics Letters | 2006 | 6 Pages |
Abstract
Utility-maximising consumers may less risk averse at higher incomes if they have the opportunity to purchase luxuries. Those people who would live a luxury life if they could are the ones who would gamble to get the chance.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Stephen Diacon,