Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe; … - 2005
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We then use a more … standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …