Booth did a survey to see how risk averse their students were. There was a giant gap between the white and non-white students. The question was: Imagine how it

Booth did a survey to see how risk averse their students were. There was a giant gap between the white and non-white students. The question was: Imagine how it feels to lose a dollar. Now imagine winning x dollars. What does x have to be for the feelings to be equal. I think the median result was 2 for white students and a ridiculous number over 10 for Indians and Asians