- Title
- Measuring risk preferences in field experiments: proposition of a simplified task
- Creator
- Teubner, Timm; Adam, Marc T. P.; Niemeyer, Claudia
- Relation
- Economics Bulletin Vol. 35, Issue 3, p. 1510-1517
- Relation
- https://ideas.repec.org/a/ebl/ecbull/eb-15-00157.html
- Publisher
- Economics Bulletin
- Resource Type
- journal article
- Date
- 2015
- Description
- Individual risk preferences can serve as an effective control variable in order to describe human decisions and behavior. Due to limited participants' attention and time, using standard procedures may be difficult. This paper hence proposes a risk preference elicitation task, aiming to assess individual risk preferences in experiments conducted outside the lab. The test is evaluated against a well-established task by means of two online experiments comprising a total of 490 participants.
- Subject
- risk preferences; control variables; decision making; participants
- Identifier
- http://hdl.handle.net/1959.13/1336284
- Identifier
- uon:27585
- Identifier
- ISSN:1545-2921
- Language
- eng
- Full Text
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | ATTACHMENT02 | Publisher version (open access) | 201 KB | Adobe Acrobat PDF | View Details Download |