Dulleck, Uwe; Fell, Jacob; Fooken, Jonas - National Centre for Econometric Research (NCER) - 2011
We compare the consistency of choices in two methods to used elicit risk preferences on an aggregate as well as on an individual level. We asked subjects to choose twice from a list of nine decision between two lotteries, as introduced by Holt and Laury (2002, 2005) alternating with nine...