Risk Preferences Over Simple And Compound Public Lotteries

Keywords

Compound lotteries; Risk preferences; Simple lotteries

Abstract

Lottery choice experiments with monetary payoffs have a long tradition for eliciting risk preferences. This note demonstrates how risk preferences over multi-attribute public lotteries may be estimated. Consistent with experimental findings, results from simple and compound lottery choice models indicate significant differences in the degree of risk aversion between male and female applicants.

Publication Date

9-1-2018

Publication Title

Economics Letters

Volume

170

Number of Pages

85-87

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1016/j.econlet.2018.05.012

Socpus ID

85048566092 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/85048566092

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