Title of article :
Testing for risk aversion: a stochastic dominance approach
Author/Authors :
Levy، Moshe نويسنده , , Levy، Haim نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2001
Abstract :
We conduct an experiment based on the Stochastic Dominance framework in order to investigate risk-aversion in isolation of other effects such as subjective probability distortion, the `certainty effectʹ, and `framingʹ effects. The result is striking: most individuals are not risk-averse
Keywords :
Markov process , reversibility , Nonlinear , Canonical analysis , Dynamic factors
Journal title :
Economics Letters
Journal title :
Economics Letters
