Date of Award

Summer 5-19-2016

Document Type

Thesis

Degree Name

Master of Arts (MA)

Department

Economics

First Advisor

Karna Basu

Second Advisor

Purvi Sevak

Academic Program Adviser

Partha Deb

Abstract

I analyze how risk aversion may affect decision-making over time, what effects risk aversion may have on decisions, and whether one’s level of risk aversion varies over time. I find that risk preferences correlate with certain maternal factors, income, depression, and ethnicity. Risk aversion correlates with financial and health decisions.

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