INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES

Journal of the European Economic Association - Tập 9 Số 3 - Trang 522-550 - 2011
Thomas Dohmen1, Armin Falk2, David Huffman3, Uwe Sunde4, Jürgen Schupp5, Gert G. Wagner6
1Maastricht University
2University of Bonn
3Swarthmore College,
4University of St. Gallen
5DIW, Berlin, and Free University of Berlin
6Max Planck Institute for Human Development, Berlin

Tóm tắt

Từ khóa


Tài liệu tham khảo

Barr , Abigail Truman Packard 2002 Revealed Preference and Self-Insurance: Can We Learn from the Self-Employed in Chile?

Barsky, 1997, Preference Parameters and Individual Heterogeneity: An Experimental Approach in the Health and Retirement Study, Quarterly Journal of Economics, 112, 537, 10.1162/003355397555280

Bellemare, 2007, On Representative Social Capital, European Economic Review, 51, 181, 10.1016/j.euroecorev.2006.03.006

Binswanger, 1980, Attitudes Towards Risk: Experimental Measurement in Rural India, American Journal of Agricultural Economics, 62, 395, 10.2307/1240194

Blackburn, 1994, Statistical Bias Functions and Informative Hypothetical Surveys, American Journal of Agricultural Economics, 76, 1084, 10.2307/1243396

Blinder, 1973, Wage Discrimination: Reduced Form and Structural Estimates, Journal of Human Resources, 8, 436, 10.2307/144855

Bonin, 2007, Cross-Sectional Earnings Risk and Occupational Sorting: The Role of Risk Attitudes, Labour Economics, 14, 926, 10.1016/j.labeco.2007.06.007

Bruhin , Adrian Helga Fehr-Duda Thomas Epper 2007 Risk and Rationality: Uncovering Heterogeneity in Probability Distortion

Caliendo, 2009, Risk Attitudes of Nascent Entrepreneurs: New Evidence from an Experimentally-Validated Survey, Small Business Economics, 32, 153, 10.1007/s11187-007-9078-6

Camerer, 1999, The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework, Journal of Risk and Uncertainty, 19, 7, 10.1023/A:1007850605129

Champ, 2001, Donation Payment Mechanisms and Contingent Valuation: An Empirical Study of Hypothetical Bias, Environmental and Resource Economics, 19, 383, 10.1023/A:1011604818385

Choi, 2007, Consistency and Heterogeneity of Individual Behavior Under Uncertainty, American Economic Review, 97, 1921, 10.1257/aer.97.5.1921

Cramer, 2002, Low Risk Aversion Encourages the Choice for Entrepreneurship: an Empirical Test of a Truism, Journal of Economic Behavior and Organization, 48, 29, 10.1016/S0167-2681(01)00222-0

Diaz-Serrano , Luis Donal O'Neill 2004 The Relationship Between Unemployment and Risk-Aversion

Dohmen , Thomas Armin Falk 2006 Performance Pay and Multidimensional Sorting: Productivity, Preferences and Gender

Dohmen , Thomas Armin Falk David Huffman Uwe Sunde Jürgen Schupp Gert G. Wagner 2005 Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey

Donkers, 2001, Estimating Risk Attitudes Using Lotteries: A Large Sample Approach, Journal of Risk and Uncertainty, 22, 165, 10.1023/A:1011109625844

Eckel, 2008, Handbook of Experimental Results, 1, 1061, 10.1016/S1574-0722(07)00113-8

Eckel, 2005, Research in Experimental Economics Volume 10: Field Experiments in Economics, 219

Feinberg, 1977, Risk-Aversion, Risk and the Duration of Unemployment, Review of Economics and Statistics, 59, 264, 10.2307/1925044

Flynn, 1994, Gender, Race, and Perception of Environmental Health Risks, Risk Analysis, 14, 1101, 10.1111/j.1539-6924.1994.tb00082.x

Grund , Christian Dirk Sliwka 2006 Performance Pay and Risk Aversion

Guiso, 2002, An Empirical Analysis of Earnings and Employment Risk, Journal of Business and Economic Statistics, 20, 241, 10.1198/073500102317351985

Guiso , Luigi Monica Paiella 2001 Risk-Aversion, Wealth, and Background Risk

Guiso , Luigi Monica Paiella 2005 The Role of Risk Aversion in Predicting Individual Behavior

Harrison, 2007, Estimating Risk Attitudes in Denmark: A Field Experiment, Scandinavian Journal of Economics, 109, 341, 10.1111/j.1467-9442.2007.00496.x

Holt, 2002, Risk Aversion and Incentive Effects, American Economic Review, 92, 1644, 10.1257/000282802762024700

Jaeger, 2010, Direct Evidence on Risk Attitudes and Migration, Review of Economics and Statistics, 92, 684, 10.1162/REST_a_00020

Laury , Susan K. 2006 Pay One or Pay All

Loewenstein, 2001, Risk as Feelings, Psychological Bulletin, 127, 267, 10.1037/0033-2909.127.2.267

Niederle, 2007, Do Women Shy Away From Competition? Do Men Compete Too Much?, Quarterly Journal of Economics, 122, 1067, 10.1162/qjec.122.3.1067

Oaxaca, 1973, Male-Female Wage Differentials in Urban Labor Markets, International Economic Review, 14, 693, 10.2307/2525981

Persico, 2004, The Effect of Adolescence Experience on Labor Market Outcomes: The Case of Height, Journal of Political Economy, 112, 1019, 10.1086/422566

Saris, 2003, Cross-Cultural Survey Methods, 265

Saris, 1990, Evaluation of Measurement Instruments by Meta-Analysis of Multitrait Multimethod Studies, 134

Schäfer, 2006, Zur Erfassung der Vermögensbestände im Sozio-oekonomischen Panel (SOEP) im Jahr 2002, DIW Data Documentation, 11

Schubert, 1999, Financial Decision-Making: Are Women Really More Risk-Averse?, American Economic Review Papers and Proceedings, 89, 381, 10.1257/aer.89.2.381

Schupp, 2002, Maintenance of and Innovation in Long-Term Panel Studies. The Case of the German Socio-Economic Panel (GSOEP), Allgemeines Statistisches Archiv, 86, 163, 10.1007/s101820200093

Schupp, 2007, New Sources for Theory Based Socio-Economic Behavioral Analysis: The 2002-2006 Pre-Tests for the German Socio-Economic Panel Study, DIW Data Documentation

Silverman, 1987, Gender Differences in Attitudes Towards Nuclear War and Disarmament, Sex Roles, 16, 189, 10.1007/BF00289649

Slovic, 1972a, Psychological Study of Human Judgment: Implications for Investment Decision Making, Journal of Finance, 27, 777, 10.2307/2978668

Slovic, 1972b, Information Procession, Situation Specificity, and the Generality of Risk-Taking Behavior, Journal of Personality and Social Psychology, 22, 128, 10.1037/h0032370

Slovic, 1999, Trust, Emotion, Sex, Politics, and Science: Surveying the Risk-Assessment Battlefield, Risk Analysis, 19, 689, 10.1111/j.1539-6924.1999.tb00439.x

Spigner, 1993, Gender Differences in Perception of Risk Associated with Alcohol and Drug Use Among College Students, Women and Health, 20, 87, 10.1300/J013v20n01_06

Stallen, 1988, Public Concern About Industrial Hazards, Risk Analysis, 8, 237, 10.1111/j.1539-6924.1988.tb01177.x

Thompson, 2006, Targeted Random Walk Designs, Survey Methodology, 32, 11

Wagner, 1993, The English Language Public Use File of the German Socio-Economic Panel, The Journal of Human Resources, 28, 429

Weber, 2002, A Domain-Specific Risk-Attitude Scale: Measuring Risk Perceptions and Risk Behaviors, Journal of Behavioral Decision Making, 15, 263, 10.1002/bdm.414