6533b852fe1ef96bd12aab1e
RESEARCH PRODUCT
A note on risk aversion and learning behavior
Amparo UrbanoDolores Alepuzsubject
MicroeconomicsEconomics and EconometricsEx-anteFinancial economicsRisk aversionEconomicsFinancePreferenceLearning behaviordescription
Abstract This paper analyzes the learning behavior of a risk-averse agent. We find two conflicting effects in the experimental behavior: a stronger preference for the ex post reduction in uncertainty, but ex ante the returns to information are more uncertain.
year | journal | country | edition | language |
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1995-07-01 | Economics Letters |