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Experimentally-validated survey evidence on individual risk attitudes in rural Thailand

Hardeweg, Bernd; Menkhoff, Lukas; Waibel, Hermann - 2011

This study validates a survey-based measure of general risk attitude by an incentive compatible experiment among more … survey-experiment-relation which are available from the representative household survey and which are related to risk …

Persistent link: https://www.econbiz.de/10010289009

Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe; … - 2005

the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a representative …

Persistent link: https://www.econbiz.de/10010260868

Measuring Time Use in Surveys: How Valid Are Time Use Questions in Surveys? Concordance of Survey and Experience Sampling Measures

Sonnenberg, Bettina; Riediger, Michaela; Wrzus, Cornelia; … - 2011

congruence of time use information assessed through retrospective questionnaires and through experience sampling methodology. The … allocation. In addition, a mobile-phone based experience sampling technology was used over a period of three weeks to obtain …. Experience sampling assessments were scheduled six times a day over at least nine days, including workdays, Saturdays, andSundays …

Persistent link: https://www.econbiz.de/10011601032

Incentive effects on risk attitude in small probability prospects

Lefèbvre, Mathieu; Vieider, Ferdinand M.; Villeval, … - 2009

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities … predicted by the prospect theory. But under high stakes, we provide some evidence that risk seeking behavior is dramatically …

Persistent link: https://www.econbiz.de/10010277023

Multidisciplinary Household Panel Studies under Academic Direction

Schupp, Jürgen; Frick, Joachim R. - 2010

This paper concentrates on the trends in peer-reviewed longitudinal panel studies under scientific direction. Household panel studies have succeeded in broadening their disciplinary scope. Numerous innovations such as questions dealing with psychological concepts, and age-specific topical...

Persistent link: https://www.econbiz.de/10010272528

Risk aversion and other factors determine income redistribution preferences

Gärtner, Manja; Mollerstrom, Johanna - In: DIW Weekly Report 8 (2018) 17/18, pp. 151-156

The amount of redistribution people favor depends on socioeconomic factors and their views on fairness. This study, based on a representative survey conducted in Sweden, confirms earlier results: Higher incomes are correlated with wanting less redistribution, women are more in favor of...

Persistent link: https://www.econbiz.de/10011858985

Risikobereitschaft und weitere Faktoren korrelieren mit Umverteilungspräferenzen

Gärtner, Manja; Mollerstrom, Johanna - In: DIW Wochenbericht 85 (2018) 18, pp. 393-398

Wie viel Umverteilung Bürgerinnen und Bürger in der Gesellschaft möchten, hängt von sozioökonomischen Faktoren und ihren Ansichten über Gerechtigkeit ab. Diese Studie, basierend auf einer in Schweden durchgeführten, repräsentativen Umfrage, bestätigt frühere Ergebnisse: Demnach nimmt...

Persistent link: https://www.econbiz.de/10011859044

Risk attitude and risk behavior: Comparing Thailand and Vietnam

Gloede, Oliver; Menkhoff, Lukas; Waibel, Hermann - 2011

Are responses to a simple survey item sufficiently reliable in eliciting risk attitudes? Our angle in examining reliability is to conduct comparative research across Thailand and Vietnam. We find, first, that the survey item is informative about individual risk attitude because it is plausibly...

Persistent link: https://www.econbiz.de/10010305628

Multiple-item risk measures

Menkhoff, Lukas; Sakha, Sahra - 2014

We compare seven established risk elicitation methods and investigate how they explain an extensive set of risky behavior from a large household survey. We find overall positive correlation between items and low explanatory power in terms of behavior. Using an average of seven risk elicitation...

Persistent link: https://www.econbiz.de/10010464381

Double or Nothing!? Small Groups Making Decisions Under Risk in ""Quiz Taxi""

Keldenich, Klemens; Klemm, Marcus - 2011

This paper investigates the behavior of contestants in the game show Quiz Taxi when faced with the decision whether to bet the winnings they have acquired on a final double or nothing question. The decision is made by groups of two or three persons. This set-up enables the decision making...

Persistent link: https://www.econbiz.de/10010287370