L'Haridon, Olivier; Vieider, Ferdinand M. - In: Quantitative economics : QE ; journal of the … 10 (2019) 1, pp. 185-215
We obtain rich measurements of risk preferences for 2939 subjects across 30 countries, and use the data to paint a … picture of the distribution of risk preferences across the globe using structural equation models. Reference‐dependence and … those in Western countries, with poorer countries substantially more risk tolerant than rich countries on average. We …
