TY  - CHAP
AB  - Attitudes to risk play a central role in economics. Policy makers should know them in order to judge the certainty equivalent of the effects of policy on individuals. What might look like a policy improvement when judged by the average impact could easily entail a welfare loss for risk averse individuals if the variance of expected impacts is wide compared to the alternatives.
VL  - 12
SN  - 978-1-84950-547-5, 978-0-7623-1384-6/0193-2306
DO  - 10.1016/S0193-2306(08)00001-X
UR  - https://doi.org/10.1016/S0193-2306(08)00001-X
AU  - Cox James C.
AU  - Harrison Glenn W.
ED  - James C. Cox
ED  - Glenn W. Harrison
PY  - 2008
Y1  - 2008/01/01
TI  - Risk aversion in experiments: An introduction
T2  - Risk Aversion in Experiments
T3  - Research in Experimental Economics
PB  - Emerald Group Publishing Limited
SP  - 1
EP  - 7
Y2  - 2024/04/25
ER  -