Published in 2017 in Economic Letters, Volume 160.
AUTHORS: Glenn W. Harrison, Morten I. Lau, Don Ross, J. Todd Swarthout
ABSTRACT: Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions. One core assumption in statements… more »
Published in 2015 in Economic Letters, Volume 127.
AUTHORS: Glenn W. Harrison, Jimmy Martinez-Correa, J. Todd Swarthout, and Eric Ulm
ABSTRACT: We consider the elicitation of subjective belief distributions over continuous events using scoring rules with incentives. The theoretical literature suggests that risk attitudes have a surprisingly small role in distorting reports… more »