Ding, Xiaohao; Hartog, Joop; Sun, Yuze - Tinbergen Instituut - 2010
ask for the reservation price of a hypothetical lottery and self-assessment of risk attitude on a 0-10 scale. We confirm … right direction, but not very high. The survey measures are valid indicators of experimentally measured risk attitude, but … with substantial noise remaining. Heterogeneity in levels and structure of risk attitude is large. …