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| Author: | Harrison, G.W. Lau, M.I. Rutström, E.E. |
| Title: | Estimating risk attitudes in Denmark: A field experiment |
| Journal: | Scandinavian Journal of Economics
2007 : VOL. 109:2, p. 341-368 |
| Index terms: | Nordic countries Denmark risk aversion field research utility theory |
| Freeterms: | socio-demography |
| Language: | eng |
| Abstract: | This study estimates individual risk attitudes using controlled experiments in the field in Denmark. The experiments were performed across Denmark using a representative sample of over 250 people of ages from 19 to 75 years. Risk attitudes are estimated for various individuals differentiated by socio-demographic characteristics. Among others, the results indicate that the average Dane is risk averse, and that risk neutrality is an inappropriate assumption to apply etc. |
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