Sorting, incentives and risk preferences: Evidence from a field experiment

被引:33
|
作者
Bellemare, Charles [1 ]
Shearer, Bruce
机构
[1] Univ Laval, Dept Econ, CIRPEE, Quebec City, PQ G1V0A6, Canada
关键词
Risk aversion; Sorting; Incentive contracts; Field experiments;
D O I
10.1016/j.econlet.2010.06.010
中图分类号
F [经济];
学科分类号
02 ;
摘要
We conducted experiments within a firm to measure the risk preferences of workers who face substantial daily income risk. We find that these workers are significantly more risk-tolerant than individuals from the broader population. This is consistent with sorting: risk-tolerant workers are attracted to high-risk occupations. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:345 / 348
页数:4
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