Plausibly Exogenous [1599] - Risk-seeking (06/19/2024)

LHS Variable
Risk attitudes

RHS Variable
Large losses

Source of Exogenous Variation
2011 Australian floods (Brisbane) as a natural experimental setting

- Page, Savage, and Torgler (2012), “Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster”