Temporal stability of estimates of risk aversion
- 1 January 2005
- journal article
- research article
- Published by Taylor & Francis in Applied Financial Economics Letters
- Vol. 1 (1) , 31-35
- https://doi.org/10.1080/1744654042000311576
Abstract
Estimates of risk aversion can be obtained from controlled laboratory experiments. The temporal stability of those preferences is assumed in many applications. This assumption is tested by eliciting risk aversion measures from subjects at two distinct times. Evidence consistent with the stability assumption is found.Keywords
This publication has 3 references indexed in Scilit:
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- Just Who Are You Calling Risk Averse?Journal of Risk and Uncertainty, 2000
- An experimental test for risk aversionEconomics Letters, 1986