Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe; … - Institute for the Study of Labor (IZA) - 2005
This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question that asks about willingness to take risks on an 11-point scale, we find...