COMMON COMPONENTS OF RISK AND UNCERTAINTY ATTITUDES ACROSS CONTEXTS AND DOMAINS: EVIDENCE FROM 30 COUNTRIES : Common Components of Risk and Uncertainty Attitudes

Détails

ID Serval
serval:BIB_7E281E0DF62A
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Titre
COMMON COMPONENTS OF RISK AND UNCERTAINTY ATTITUDES ACROSS CONTEXTS AND DOMAINS: EVIDENCE FROM 30 COUNTRIES : Common Components of Risk and Uncertainty Attitudes
Périodique
Journal of the European Economic Association
Auteur⸱e⸱s
Vieider F.M., Lefebvre M., Bouchouicha R., Chmura T., Hakimov R., Krawczyk M., Martinsson P.
ISSN
1542-4766
Statut éditorial
Publié
Date de publication
06/2015
Peer-reviewed
Oui
Volume
13
Numéro
3
Pages
421-452
Langue
anglais
Résumé
Attitudes towards risk and uncertainty have been indicated to be highly context‐dependent, and to be sensitive to the measurement technique employed. We present data collected in controlled experiments with 2,939 subjects in 30 countries measuring risk and uncertainty attitudes through incentivized measures as well as survey questions. Our data show clearly that measures correlate not only within decision contexts or measurement methods, but also across contexts and methods. This points to the existence of one underlying “risk preference”, which influences attitudes independently of the measurement method or choice domain. We furthermore find that answers to a general and a financial survey question correlate with incentivized lottery choices in most countries. Incentivized and survey measures also correlate significantly between countries. This opens the possibility to conduct cultural comparisons on risk attitudes using survey instruments.
Mots-clé
risk attitudes, uncertainty attitudes, context-specificity, experimental methodology
Web of science
Création de la notice
01/11/2018 11:45
Dernière modification de la notice
20/08/2019 14:39
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