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...

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...

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 fi nal “double or nothing” question. The decision is made by groups of two or three persons. This set-up enables the decision...

We conduct experiments on two different risk tasks with subjects from two neighboring ethnic groups, the matrilineal Mosuo and the patriarchal Yi in China. Women are more risk averse than men at both tasks within both ethnic groups. However, the gender gap is smaller in the Mosuo. Regressions...

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...

In the television show Affari Tuoi a contestant is endowed with a sealed box containing a monetary prize between one cent and half a million euros. In the course of the show the contestant learns more information about the distribution of possible monetary prizes inside her box. Consider two...

We confront a representative sample of one 1,102 Dutch individuals with a series of incentivized investment decisions and also elicit their time preferences. There are two treatments that differ in the frequency at which individuals decide about the invested amount. The low frequency treatment...

The so-called unskilled-and-unaware problem was experimentally identified a decade ago: The unskilled are seemingly afflicted by a double curse because they also seem unaware of their (relative) lack of skills. Numerous authors have elaborated on this problem – experimentally as well as...