Measuring risk preferences in field experiments: Proposition of a simplified task
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Bellemare, Charles & Shearer, Bruce, 2010.
"Sorting, incentives and risk preferences: Evidence from a field experiment,"
Economics Letters, Elsevier, vol. 108(3), pages 345-348, September.
- Charles Bellemare & Bruce S. Shearer, 2006. "Sorting, Incentives and Risk Preferences: Evidence from a Field Experiment," Cahiers de recherche 0631, CIRPEE.
- Bellemare, Charles & Shearer, Bruce S., 2006. "Sorting, Incentives and Risk Preferences: Evidence from a Field Experiment," IZA Discussion Papers 2227, Institute of Labor Economics (IZA).
- Wulf Albers & Robin Pope & Reinhard Selten & Bodo Vogt, 2000.
"Experimental Evidence for Attractions to Chance,"
German Economic Review, Verein für Socialpolitik, vol. 1(2), pages 113-130, May.
- Albers Wulf & Selten Reinhard & Pope Robin & Vogt Bodo, 2000. "Experimental Evidence for Attractions to Chance," German Economic Review, De Gruyter, vol. 1(2), pages 113-130, May.
- Albers, Wulf & Pope, Robin & Selten, Reinhard & Vogt, Bodo, 2017. "Experimental evidence for attractions to chance," Center for Mathematical Economics Working Papers 317, Center for Mathematical Economics, Bielefeld University.
- Hans P. Binswanger, 1980.
"Attitudes Toward Risk: Experimental Measurement in Rural India,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 62(3), pages 395-407.
- Hans Binswanger, 1980. "Attitudes toward risk: Experimental measurement in rural india," Artefactual Field Experiments 00009, The Field Experiments Website.
- Adam, Marc T.P. & Kroll, Eike B. & Teubner, Timm, 2014. "A note on coupled lotteries," Economics Letters, Elsevier, vol. 124(1), pages 96-99.
- Paolo Crosetto & Antonio Filippin, 2013.
"The “bomb” risk elicitation task,"
Journal of Risk and Uncertainty, Springer, vol. 47(1), pages 31-65, August.
- Paolo Crosetto & Antonio Filippin, 2012. "The "Bomb" Risk Elicitation Task," Jena Economics Research Papers 2012-035, Friedrich-Schiller-University Jena.
- Crosetto, Paolo & Filippin, Antonio, 2012. "The "Bomb" Risk Elicitation Task," IZA Discussion Papers 6710, Institute of Labor Economics (IZA).
- Paolo Crosetto & Antonio Filippin, 2012. "The "Bomb" Risk Elicitation Task," SOEPpapers on Multidisciplinary Panel Data Research 517, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Catherine C. Eckel & Philip J. Grossman, 2008. "Forecasting Risk Attitudes: An Experimental Study Using Actual and Forecast Gamble Choices," Monash Economics Working Papers archive-01, Monash University, Department of Economics.
- Steffen Andersen & Glenn W. Harrison & Morten I. Lau & E. Elisabet Rutström, 2008. "Lost In State Space: Are Preferences Stable?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 49(3), pages 1091-1112, August.
- Charness, Gary & Gneezy, Uri & Imas, Alex, 2013. "Experimental methods: Eliciting risk preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 87(C), pages 43-51.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- François Desmoulins-Lebeault & Jean-François Gajewski & Luc Meunier, 2018. "Personality and Risk Aversion," Economics Bulletin, AccessEcon, vol. 38(1), pages 472-489.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Galizzi, Matteo M. & Machado, Sara R. & Miniaci, Raffaele, 2016. "Temporal stability, cross-validity, and external validity of risk preferences measures: experimental evidence from a UK representative sample," LSE Research Online Documents on Economics 67554, London School of Economics and Political Science, LSE Library.
- Tamás Csermely & Alexander Rabas, 2016. "How to reveal people’s preferences: Comparing time consistency and predictive power of multiple price list risk elicitation methods," Journal of Risk and Uncertainty, Springer, vol. 53(2), pages 107-136, December.
- Holzmeister, Felix & Stefan, Matthias, 2019. "The Risk Elicitation Puzzle Revisited: Across-Methods (In)consistency?," OSF Preprints pj9u2, Center for Open Science.
- Peilu Zhang & Marco A. Palma, 2021.
"Compulsory Versus Voluntary Insurance: An Online Experiment,"
American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(1), pages 106-125, January.
- Zhang, Peilu & Palma, Marco A., 2018. "Compulsory versus Voluntary Insurance: An Online Experiment," 2018 Annual Meeting, August 5-7, Washington, D.C. 274047, Agricultural and Applied Economics Association.
- Zhang, Peilu & Palma, Marco A, 2018. "Compulsory versus Voluntary Insurance: An Online Experiment," 2018 Annual Meeting, February 2-6, 2018, Jacksonville, Florida 266654, Southern Agricultural Economics Association.
- Gary Charness & Thomas Garcia & Theo Offerman & Marie Claire Villeval, 2020.
"Do measures of risk attitude in the laboratory predict behavior under risk in and outside of the laboratory?,"
Journal of Risk and Uncertainty, Springer, vol. 60(2), pages 99-123, April.
- Gary Charness & Thomas Garcia & Theo Offerman & Marie Claire Villeval, 2019. "Do measures of risk attitude in the laboratory predict behavior under risk in and outside of the laboratory?," Working Papers halshs-02146618, HAL.
- Gary Charness & Thomas Garcia & Theo Offerman & Marie Claire Villeval, 2020. "Do measures of risk attitude in the laboratory predict behavior under risk in and outside of the laboratory?," Post-Print halshs-02908109, HAL.
- Charness, Gary & Garcia, Thomas & Offerman, Theo & Villeval, Marie Claire, 2019. "Do Measures of Risk Attitude in the Laboratory Predict Behavior under Risk in and outside of the Laboratory?," IZA Discussion Papers 12395, Institute of Labor Economics (IZA).
- Gary Charness & Thomas Garcia & Theo Offerman & Marie Claire Villeval, 2019. "Do measures of risk attitude in the laboratory predict behavior under risk in and outside of the laboratory?," Working Papers 1921, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Felix Holzmeister & Matthias Stefan, 2019. "The risk elicitation puzzle revisited: Across-methods (in)consistency?," Working Papers 2019-19, Faculty of Economics and Statistics, Universität Innsbruck.
- repec:cup:judgdm:v:16:y:2021:i:5:p:1290-1313 is not listed on IDEAS
- Brañas-Garza, Pablo & Estepa-Mohedano, Lorenzo & Jorrat, Diego & Orozco, Victor & Rascón-Ramírez, Ericka, 2021.
"To pay or not to pay: Measuring risk preferences in lab and field,"
Judgment and Decision Making, Cambridge University Press, vol. 16(5), pages 1290-1313, September.
- Pablo Brañas-Garza & Lorenzo Estepa-Mohedano & Diego Jorrat & Victor Orozco & Ericka Rascón-RamÃrez, 2021. "To pay or not to pay: Measuring risk preferences in lab and field," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 16(5), pages 1290-1313, September.
- Brañas-Garza, Pablo & Estepa Mohedano, Lorenzo & Jorrat, Diego & Orozco, Víctor & Rascon-Ramirez, Ericka, 2020. "To pay or not to pay: Measuring risk preferences in lab and field," MPRA Paper 103088, University Library of Munich, Germany.
- Pablo Brañas-Garza & Lorenzo Estepa Mohedano & Diego Jorrat & Victor Orozco & Ericka Rascón Ramírez, 2021. "To pay or not to pay: Measuring riskpreferences in lab and field," Working Papers 67, Red Nacional de Investigadores en Economía (RedNIE).
- Estepa-Mohedano, Lorenzo & Espinosa, María Paz, 2023. "Comparing risk elicitation in lotteries with visual or contextual aids," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 103(C).
- Patil, V. & Veettil, P.C., 2018. "Experimental Evidence of Risk Attitude of Farmers from Risk-Preference Elicitation in India," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277331, International Association of Agricultural Economists.
- Anwesha Bandyopadhyay & Lutfunnahar Begum & Philip J. Grossman, 2021. "Gender differences in the stability of risk attitudes," Journal of Risk and Uncertainty, Springer, vol. 63(2), pages 169-201, October.
- Zubanov, Nick & Cadsby, Bram & Song, Fei, 2017. "The," IZA Discussion Papers 10542, Institute of Labor Economics (IZA).
- Freudenreich, Hanna & Musshoff, Oliver & Wiercinski, Ben, 2017. "The Relationship between Farmers' Shock Experiences and their Uncertainty Preferences - Experimental Evidence from Mexico," GlobalFood Discussion Papers 256212, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
- Bauermeister, Golo & Musshoff, Oliver, 2016. "Risk Aversion and Inconsistencies - Does the Choice of Risk Elicitation Method and Display Format Influence the Outcomes?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235348, Agricultural and Applied Economics Association.
- Lien, Gudbrand & Kumbhakar, Subal C. & Mishra, Ashok K. & Hardaker, J. Brian, 2022. "Does risk management affect productivity of organic rice farmers in India? Evidence from a semiparametric production model," European Journal of Operational Research, Elsevier, vol. 303(3), pages 1392-1402.
- Giuseppe Attanasi & Nikolaos Georgantzís & Valentina Rotondi & Daria Vigani, 2018.
"Lottery- and survey-based risk attitudes linked through a multichoice elicitation task,"
Theory and Decision, Springer, vol. 84(3), pages 341-372, May.
- Giuseppe Attanasi & Nikolaos Georgantzís & Valentina Rotondi & Daria Vigani, 2016. "Lottery- and survey-based risk attitudes linked through a multichoice elicitation task," Working Papers of BETA 2016-24, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Giuseppe Attanasi & Nikolaos Georgantzis & Valentina Rotondi & Daria Vigani, 2018. "Lottery- and survey-based risk attitudes linked through a multichoice elicitation task," Post-Print halshs-01948205, HAL.
- Utteeyo Dasgupta & Subha Mani & Smriti Sharma & Saurabh Singhal, 2016.
"Eliciting risk preferences: Firefighting in the field,"
WIDER Working Paper Series
wp-2016-47, World Institute for Development Economic Research (UNU-WIDER).
- Dasgupta, Utteeyo & Mani, Subha & Sharma, Smriti & Singhal, Saurabh, 2016. "Eliciting Risk Preferences: Firefighting in the Field," MPRA Paper 69674, University Library of Munich, Germany.
- Dasgupta, Utteeyo & Mani, Subha & Sharma, Smriti & Singhal, Saurabh, 2016. "Eliciting Risk Preferences: Firefighting in the Field," IZA Discussion Papers 9765, Institute of Labor Economics (IZA).
- Lönnqvist, Jan-Erik & Verkasalo, Markku & Walkowitz, Gari & Wichardt, Philipp C., 2015. "Measuring individual risk attitudes in the lab: Task or ask? An empirical comparison," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 254-266.
- Filippin, Antonio & Crosetto, Paolo, 2014.
"A Reconsideration of Gender Differences in Risk Attitudes,"
IZA Discussion Papers
8184, Institute of Labor Economics (IZA).
- Antonio Filippin & Paolo Crosetto, 2016. "A Reconsideration of Gender Differences in Risk Attitudes," Post-Print hal-01356905, HAL.
- Antonio Filippin & Paolo Crosetto, 2014. "A reconsideration of gender differences in risk attitudes," Post-Print hal-01997771, HAL.
- Filippin, A. & Crosetto, P., 2014. "A reconsideration of gender differences in risk attitudes," Working Papers 2014-01, Grenoble Applied Economics Laboratory (GAEL).
- Antonio FILIPPIN & Paolo CROSETTO, 2014. "A Reconsideration of Gender Differences in Risk Attitudes," Departmental Working Papers 2014-01, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Friedman, Daniel & Habib, Sameh & James, Duncan & Crockett, Sean, 2018. "Varieties of risk elicitation," Discussion Papers, Research Professorship Market Design: Theory and Pragmatics SP II 2018-501, WZB Berlin Social Science Center.
- Sven Grüner & Norbert Hirschauer & Felix Krüger, 2023.
"Eliciting individual risk attitudes - different procedures, different findings,"
International Journal of Information and Decision Sciences, Inderscience Enterprises Ltd, vol. 15(3), pages 221-242.
- Gruener, Sven & Hirschauer, Norbert & Krüger, Felix, 2018. "Eliciting individual risk attitudes – different procedures, different findings," SocArXiv 7bwyq, Center for Open Science.
More about this item
Keywords
risk preference elicitation; lottery choice; field experiments;All these keywords.
JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- C9 - Mathematical and Quantitative Methods - - Design of Experiments
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ebl:ecbull:eb-15-00157. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: John P. Conley (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.