Structural estimation of higher order risk preferences

Structural measures of higher order risk attitudes have well-developed foundations in Expected Utility Theory (EUT), but little is known about their empirical magnitudes. We introduce a novel experimental design and a companion econometric model that allows us to structurally estimate indices of ris...

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Bibliographic Details
Main Authors: Morten Lau, Hong Il Yoo
Format: Default Article
Published: 2025
Subjects:
Online Access:https://hdl.handle.net/2134/29434733.v1
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