{"id":129611,"date":"2022-05-30T15:58:31","date_gmt":"2022-05-30T13:58:31","guid":{"rendered":"https:\/\/www.ieseg.fr\/?post_type=events&p=129611"},"modified":"2022-05-30T15:58:31","modified_gmt":"2022-05-30T13:58:31","slug":"research-seminar-irisk-lharidon","status":"publish","type":"events","link":"https:\/\/www.ieseg.fr\/en\/events\/research-seminar-irisk-lharidon\/","title":{"rendered":"[Research Seminar] IRISK: “An experimental investigation of social risk preferences for health” O. L’HARIDON – Universit\u00e9 de Rennes"},"content":{"rendered":"

\"\"<\/p>\n

Speaker: Olivier L’HARIDON
\n<\/strong>Universit\u00e9 de Rennes<\/p>\n

Co-authors: A. ATTEMA and G. VAN DE KUILEN<\/em><\/p>\n

Date and Location – Tuesday June 7th 2022 from 16:30 to 17:30 in A022 (Lille campus) and on Zoom<\/strong><\/p>\n

—————————————–<\/p>\n

ABSTRACT<\/h2>\n

A growing body of literature has demonstrated the relevance and impact of higher-order risk preferences for savings decisions, auctions, bargaining and individual medical decision making. This paper measures higher-order risk preferences in a social setting when the decision-maker acts as a benevolent planner. In addition to eliciting higher-order risk preferences with the risk-apportionment method, we also measure attitudes towards ex-ante inequality within the same framework. We found evidence favouring risk aversion in social lotteries but much lower evidence for higher-order risk preferences such as prudence. We also found evidence for aversion to ex-ante inequality, and such evidence was more common than the aversion towards ex-post inequality revealed by the measure of correlation aversion. While predominant, aversion to inequality was almost unrelated to higher-order risk preferences (risk aversion, prudence, correlation aversion, cross-prudence and cross-temperance). Our experiment also included the choice of different health policies, for which the participants faced unequal -and possibly risky- distributions between groups in terms of longevity. Our results show how the presence -or absence- of social risk can impact the support for health-policy choices.<\/p>\n

More<\/strong> Info<\/a>
\nJoin<\/strong> the webinar<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

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