Time-Varying Risk Aversion? Evidence from Near-Miss Accidents
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DOI: 10.1162/rest_a_01009
Abstract: We present evidence consistent with time-varying risk preferences among automobile drivers. Exploiting a unique dataset of agents’ high-frequency driving behavior collected by a mobile phone application, we show that drivers drive more conservatively following “near-miss”… read more here.
Keywords: varying risk; risk; risk aversion; time varying ... See more keywords