On the stability of risk preferences: Measurement matters

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 210
Issue: C

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We exploit the unique design of a repeated survey experiment among students in four countries to explore the stability of risk preferences in the context of the COVID-19 pandemic. Relative to a baseline before the pandemic, we find that self-assessed willingness to take risks decreased while the willingness to take risks in an incentivized lottery task increased, for the same sample of respondents. These findings suggest domain specificity of preferences that is partly reflected in the different measures.

Technical Details

RePEc Handle
repec:eee:ecolet:v:210:y:2022:i:c:s0165176521004377
Journal Field
General
Author Count
4
Added to Database
2026-01-26