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- W3124672047 abstract "We study cross-risk preferences over wealth and two other attributes to obtain theory-free evidence on correlation aversion as well as higher-order cross-traits like cross-prudence and cross-temperance. Two experiments elicit the dependence structure of risk preferences between wealth and, respectively, waiting time and someone else's wealth. The latter experiment, which could be called ``risk preferences for you, me, and us'', connects bivariate risk preferences with (higher-order) inequality aversion. This first systematic exploration of bivariate risk attitudes helps assess the appropriateness of assumptions in economic models on health prevention, inequality, saving, or insurance." @default.
- W3124672047 created "2021-02-01" @default.
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- W3124672047 date "2015-01-01" @default.
- W3124672047 modified "2023-09-30" @default.
- W3124672047 title "Experiments on bivariate risk preferences" @default.
- W3124672047 hasPublicationYear "2015" @default.
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