Seminar · Economics
Thurstonian measurement of risk preferences: contemporary economic outlook
Alexis V. Belyani · HSE University
Thu, Nov 25, 2021 · 13:00 UTC
Recent economics literature has seen a revival of interest to psychologically-grounded theories of decision under risk. We review the recent proposals in this direction, compare it to classical estimations based on utility functions, and discuss their appropriateness using some original experimental data.