The role of personal interaction in the assessment of risk attitudes

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2016
Volume: 63
Issue: C
Pages: 106-113

Authors (3)

Roth, Benjamin (not in RePEc) Trautmann, Stefan T. (Universiteit van Tilburg) Voskort, Andrea (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

Many decisions under uncertainty are delegated to professionals, such as financial advisors or medical doctors, requiring them to assess the risk attitudes of their clients or patients. To gain a better understanding of the potential factors influencing risk attitude assessments, the current study investigates the role of personal interaction in these assessments. Controlling for information transmitted, we find that personal interaction leads to more risk-averse assessments, but does neither harm nor benefit assessments in terms of precision. We replicate previous findings of stereotypes in risk preference predictions, and discuss the influence of the assessor's own risk attitude on her assessments.

Technical Details

RePEc Handle
repec:eee:soceco:v:63:y:2016:i:c:p:106-113
Journal Field
Experimental
Author Count
3
Added to Database
2026-01-29