Hardeweg, Bernd; Menkhoff, Lukas; Waibel, Hermann - Universität <Hannover> / Wirtschaftswissenschaftliche … - 2011
This study validates a survey-based measure of general risk attitude by an incentivecompatible experiment among more than 900 participants in rural Thailand. The surveymeasure of self-assessed risk attitude provides a useful approximation of the experimentallyderived risk attitude. This holds...