Simultaneous Decisions Under Risk: An Experimental Investigation

54 Pages Posted: 12 Sep 2018 Last revised: 10 Dec 2020

See all articles by Priyodorshi Banerjee

Priyodorshi Banerjee

Indian Statistical Institute - Economic Research Unit

Tanmoy Das

Xavier School of Economics, Xavier University Bhubaneswar

Date Written: June 1, 2019

Abstract

Subjects faced two independent portfolio choice problems simultaneously, each requiring an allocation of a budget across one safe and one risky asset. We found that choice for one of these problems could depend on the riskiness of the risky asset in the other. Results are consistent with subjects arriving at assessment of risk for any problem or portfolios in its feasible set through contrast with risk for the other problem or portfolios in its feasible set.

Keywords: portfolio choice, decision under risk, simultaneous decisions, risk contrast

JEL Classification: D01, D81

Suggested Citation

Banerjee, Priyodorshi and Das, Tanmoy, Simultaneous Decisions Under Risk: An Experimental Investigation (June 1, 2019). Available at SSRN: https://ssrn.com/abstract=3240600 or http://dx.doi.org/10.2139/ssrn.3240600

Priyodorshi Banerjee (Contact Author)

Indian Statistical Institute - Economic Research Unit ( email )

203 B. T. Road
Calcutta, 700 108
India
91 33 2575 3935 (Phone)
91 33 2575 3981 (Fax)

Tanmoy Das

Xavier School of Economics, Xavier University Bhubaneswar ( email )

Odisha
Bhubaneswar
India

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
15
Abstract Views
336
PlumX Metrics