We explore a variety of risk preference elicitation procedures that involve direct choice from a set of lotteries …. The estimated coefficient of relative risk aversion, gamma, varies widely across individual subjects (consistent with EUH … of risk preferences displays similar patterns. The two risk preference measures are highly correlated with each other for …

This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … referent so strategic behavior or social preferences can play no role. We find that decision makers are more risk-averse in the …

former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …

worker will allocate some of her time to leisure and will hold both jobs in order to diversify risk and reduce income loss …

framing, which propels risk. Evaluation frequency and decision frequency interact regardless of information horizon … segregating nor aggregating retrospective returns significantly alters risk preferences. Moreover, students and real retirement … plan participants exhibit comparable appetites for risk, implying that both groups frame decision problems similarly …

the correspondence of different experimental risk elicitation methods. Overall, 64 participants traded two assets on eight …) found little correspondence between different experimental risk elicitation methods. -- Prospect Theory ; Framing … ; Disposition Effect ; Financial Markets ; Risk Attitude …

. This experiment evaluates its two competing behavioral mechanisms: belief in mean reversion and prospect theory. The …