Article ID Journal Published Year Pages File Type
10127727 Economics Letters 2018 13 Pages PDF
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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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