A comparative study of lotteries-evaluation in class and on the Web

Article Abstract:

A comparative study of the evaluation of lotteries in class and on the Web shows that Web bids are significantly higher than bids in class, suggesting that risk aversion may be lower on the Web.

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Strategies, heuristics, and the relevance of risk-aversion in a dynamic decision problem

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A new study further investigates an experiment by Anderhub et al. (2000) where subjects are confronted with a complex decision problem. focusing on risk-aversion.

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Lower partial moments as measures of perceived risk: An experimental study

Article Abstract:

An experiment on individual investors' risk perception in financial decision making is presented.

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