Risk Aversion and Expected Utility Theory: A Calibration Theorem

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Experimentation and the Returns to Entrepreneurship (2016, background): “2See Babcock, Choi, and Feinerman (1993) and Rabin (2000) for discussions of relevant coefficients of risk aversion.”
The Demand for, and Avoidance of, Information (2015, neutral): “For example, low-stakes risk aversion (Rabin, 2000), typically attributed to”
Risk-sensitive Inverse Reinforcement Learning via Coherent Risk Models (2017, methodology): “This has historically been a very popular technique for parameterizing risk-attitudes in decision theory but suffers from the usual drawbacks of the EU framework as elucidated in [37].”
Risk Aversion in the Laboratory (2008, background): “Fehr and Goette (2007) assume that subjects have a linear utility function for stakes that are this small, relying on the theoretical arguments of Rabin (2000) rather than the data of Holt and Laury (2002) and others.”
Estimating Time Preferences from Convex Budgets (2012, methodology): “We took several unique steps in our subject recruitment process and our payment procedure in order to more closely equate transaction costs over time, which we discuss in the following subsections.”
Social Insurance: Connecting Theory to Data (2012, background): “, Sydnor 2010) implies levels of risk aversion that are inconsistent with expected utility theory (Rabin 2000).”