Hardeweg, Bernd; Menkhoff, Lukas; Waibel, Hermann - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2011
This study validates a survey-based measure of general risk attitude by an incentive compatible experiment among more … than 900 participants in rural Thailand. The survey measure of self-assessed risk attitude provides a useful approximation … of the experimentally derived risk attitude. This holds when we add various socio-demographic control variables to the …