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2003-10-20 | Peer Reviewed

Choosing from behind a veil of ignorance in India

Carlsson, Fredrik, Gautam Gupta and Olof Johansson-Stenman. 2003. “Choosing from behind a veil of ignorance in India.” Applied Economics Letters 10: 825-827.
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Social inequality aversion is measured through a veil-of-ignorance experiment with Indian students. The median relative risk aversion is found to be quite high, about 3, and independent caste.

Co-authors:

G. Gupta and O. Johansson-Stenman