Forthcoming, Journal of Risk and Uncertainty
AUTHORS: Arianna Galliera and E. Elisabet Rutström
ABSTRACT: Not much is known about the heterogeneity of risk attitudes among poor households in rich countries. This paper provides estimates from a unique data set collected among the urban poor in Atlanta,… more »
Published in 2015 in Journal of Risk & Uncertainty, Volume 50.
AUTHORS: Constantinos Antoniou, Glenn W. Harrison, Morten I. Lau, and Daniel Read
ABSTRACT. A large literature suggests that many individuals do not apply Bayes Rule correctly when making decisions that depend on them correctly pooling prior information and sample data. We… more »
Published in 2012 in Journal of Risk and Uncertainty, Volume 44, Issue 3.
AUTHORS: Susan K. Laury, Melayne Morgan McInnes, and J. Todd Swarthout
ABSTRACT. We propose and test a new method for eliciting curvature-controlled discount rates that are invariant to the form of the utility function. The advantage of this method… more »
Published in 2014 in Journal of Risk and Uncertainty, Volume 48, Issue 3.
AUTHORS: Steffen Andersen, John Fountain, Glenn W. Harrison, and E. Elisabet Rutström
ABSTRACT. Subjective probabilities play a central role in many economic decisions, and act as an immediate confound of inferences about behavior, unless controlled for. Several procedures to… more »