Do as I Do, Not as I Say: Incentivization and the Relationship Between Cognitive Ability and Risk Aversion

Autor: Sergio Almeida

Publikováno v: Revista Brasileira de Economia, Vol 73, Iss 4, Pp 413-434 (2020)
Revista Brasileira de Economia v.73 n.4 2019
Revista Brasileira de Economia
Fundação Getulio Vargas (FGV)
instacron:FGV

We study the relationship between cognitive ability and risk aversion under real and hypothetical choice conditions. Our experimental results suggest that the statistical relationship between cognitive ability and risk aversion is sensitive to incent

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