Risk Sharing, Commitment, and Information: An Experimental Analysis.
This paper describes and analyzes the results of a unique field experiment especially designed to test the effects of the level of commitment and information available to individuals when sharing risk. We find that limiting exogenously provided commitment is associated with less risk sharing, wherea...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
CSAE (University of Oxford)
2007
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