A NOTE ON RISK-AVERSION AND LEARNING-BEHAVIOR

Authors
ALEPUZ D URBANO A
Citation
D. Alepuz et A. Urbano, A NOTE ON RISK-AVERSION AND LEARNING-BEHAVIOR, Economics letters, 49(1), 1995, pp. 51-58
Citations number
2
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
49
Issue
1
Year of publication
1995
Pages
51 - 58
Database
ISI
SICI code
0165-1765(1995)49:1<51:ANORAL>2.0.ZU;2-F
Abstract
This paper analyzes the learning behavior of a risk-averse agent. We f ind two conflicting effects in the experimental behavior: a stronger p reference for the ex post reduction in uncertainty, but ex ante the re turns to information are more uncertain.