Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10127727 | Economics Letters | 2018 | 13 Pages |
Abstract
This paper examines whether the self-assessed risk attitude predicts individual choice under risk in a field study on a sample of more than 200 Chinese farmers. Farmers' self-assessed risk attitudes are elicited by the widely used German socio-economic panel (SOEP) general risk question. Individual choice in the Bomb Risk Elicitation Task (BRET) is tested. Results show that the self-assessed willingness to take risks is not significantly correlated with the actual choice in the BRET risk experiment.
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Economics, Econometrics and Finance
Economics and Econometrics
Authors
Pan He,