A Simple Approach for Measuring Higher-Order Arrow-Pratt Coefficients of Risk Aversion

The authors are grateful to Manel Baucells, Henry Chiu, David Crainich, Paan Jindapon, Liqun Liu, Diego Nocetti, Richard Peter, and Ilia Tsetlin for helpful comments as well as audience members at the 50th seminar of the European Group of Risk and Insurance Economists, the Risk and Insurance Conference in honor of Pierre Picard, the 2021 annual conference of the Taiwan Risk and Insurance Association, the 2022 University of San Francisco de Quito Conference on Experimental Economics, the 2022 Southern Economic Association annual meetings, and the 2023 Workshop in the Economics of Risk and Uncertainty and Experimental Economics at the Universidad Austral de Chile. All authors share first authorship, but are listed alphabetically by convention.