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How people know their risk preference

Ruben C. Arslan (Max Planck Institute for Human Development), Martin Brümmer (University of Leipzig), Thomas Dohmen (University of Bonn, IZA, Maastricht University, German Institute for Economic Research and CESifo), Johanna Drewelies (Humboldt University of Berlin), Ralph Hertwig (Max Planck Institute for Human Development), Gert G. Wagner (Max Planck Institute for Human Development, IZA, German Institute for Economic Research and CESifo) ; IZA Institute of Labor Economics

People differ in their willingness to take risks. Recent work found that revealed preference tasks (e.g., laboratory lotteries) - a dominant class of measures - are outperformed by survey-based stated preferences, which are more stable and predict real-world risk taking across different domains. How...

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Bibliographic details
Volume: no. 13723
Main Author: Arslan, Ruben C
Brümmer, Martin
Dohmen, Thomas
Drewelies, Johanna
Hertwig, Ralph
Wagner, Gert G
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : September 2020
Erscheinungsort: (Ort)Bonn
Extent: 1 Online-Ressource (25 Seiten)
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 13723
Links: Fulltext
HBZ-ID: HT020585936 » further libraries in North Rhine-Westphalia
Database: ULB Bonn