Nudging or Paying? Evaluating the Effectiveness of Measures to Contain COVID-19 in Rural Bangladesh in a Randomized Controlled Trial

Higher Order Risk Preferences: New Experimental Measures, Determinants and Field Behavior

We use a novel method to elicit and measure higher order risk preferences (prudence and temperance) in an experiment with 658 adolescents. In line with theoretical predictions, we find that higher order risk preferences - particularly prudence - are …