Tag: Dohmen et al
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Consider the following five rows of choices between lottery A and lottery B:Based on these, discuss what would be the choices of risk-averse, risk-neutral, or risk seeking individuals over the five rows.
Description Consider the following five rows of choices between lottery A and lottery B:Based on these, discuss what would be the choices of risk-averse, risk-neutral, or risk seeking individuals over the five rows. Row Lottery A Lottery B 1 Win €110 or €0 with 50% probability Win €15 with 100% probability 2 Win €110 or…