| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
IMPACTS OF SOCIAL CAPITAL ON INVESTMENT BEHAVIOR UNDER RISK
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| Autores: |
Hanson, Steven D.
Robison, Lindon J.
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| Data: |
2002-02-18
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| Ano: |
2001
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| Palavras-chave: |
Institutional and Behavioral Economics
Risk and Uncertainty
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| Resumo: |
Implicit in most applications of the expected utility (EU) model is the assumption that only the decision maker's own income matters. Moreover, studies that estimate risk preferences typically measure how individuals respond to changes in the level and likelihood of having their own income altered (Young). The focus on own income in the EU model is consistent with the assumption most often applied in the neoclassical economic paradigm; namely, that the identity of participants in an economic exchange does not affect the outcome (Telser and Higinbotham).
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
3976
http://purl.umn.edu/11533
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| Editor: |
AgEcon Search
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| Relação: |
Michigan State University>Department of Agricultural Economics>Staff Paper Series
Staff Paper 2001-51
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| Formato: |
23
application/pdf
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