Mesure de Holt et Laury et décisions d’assurance : une même attitude face au risque ?: Une expérience de laboratoire

Risk attitude is a significant element in decision theory and in particular, in insurance.?Based on a theory-driven experiment, this paper examines at a within-subject level whether risk attitudes elicited using the standard Holt and Laury?s (HL) procedure [2002] correlate with those inferred from insurance decisions.?Our findings highlight the high consistency of risk attitudes assessed using HL and hedging procedures: for more than two-thirds of the rational subjects, both measures lead to the same risk-attitude assignment.?Moreover, risk aversion intensity measured with HL provides a fair estimate of the extent of demand for coverage. Classification JEL?: C91, D81.