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How General Are Risk Preferences? Choices under Uncertainty in Different Domains
Uncertainty Different Domains
2015/7/17
We analyze the extent to which individuals’ choices over five employerprovided insurance coverage decisions and one 401(k) investment
decision exhibit systematic patterns, as would be implied by a g...
Uncertainty, Ambiguity and Risk Taking: an experimental investigation of consumer behavior and demand for insurance
Risk behavior ambiguity aversion insurance purchase.
2014/6/23
The purpose of this paper is to examine whether people treat all forms of uncertainty in the same way. Studies investigating known-risk gambles and ambiguous gambles have systematically used the urn c...