Ding, Xiaohao; Hartog, Joop; Sun, Yuze - 2010
individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions … ask for the reservation price of a hypothetical lottery and self-assessment of risk attitude on a 0-10 scale. We confirm … familiar findings: risk aversion dominates, women are more risk averse than men, risk aversion decreases with increasing …