Gaudecker, Hans-Martin; Soest, Arthur; Wengström, Erik - In: Journal of Risk and Uncertainty 45 (2012) 2, pp. 159-190
An ever increasing number of experiments attempts to elicit risk preferences of a population of interest with the aim of calibrating parameters used in economic models. We are concerned with two types of selection effects, which may affect the external validity of standard experiments: Sampling...