Csermely, Tamás; Rabas, Alexander - In: Essays in experimental economics, (pp. 7-49). 2017
In the first paper we give a holistic overview and comparison of all risk elicitation methods used today, and recommend that a derivation of Holt and Laury’s (2002) well-known method, where the high payoff instead of the probabilites are varied, should be used as it emerges as the best method...