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Small‐Scale Changes in Wealth and Attitudes Towards Risk CeDEx Discussion Paper Series

By Karina Terry


2000, and is based in the School of Economics at the University of Nottingham. The focus for the Centre is research into individual and strategic decision‐making using a combination of theoretical and experimental methods. On the theory side, members of the Centre investigate individual choice under uncertainty, cooperative and non‐cooperative game theory, as well as theories of psychology, bounded rationality and evolutionary game theory. Members of the Centre have applied experimental methods in the fields of public economics, individual choice under risk and uncertainty, strategic interaction, and the performance of auctions, markets and other economic institutions. Much of the Centre's research involves collaborative projects with researchers from other departments in the UK and overseas

Topics: risk aversion, wealth effects, risk-elicitation, house-money effect, narrow framing
Year: 2010
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