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This paper studies risk attitudes using a large representative survey and also a complementary field experiment based on a representative subject pool. Using a question asking people about their willingness to take risks " in general " , we find that gender, age, height, and parental background have an economically significant impact on willingness to take(More)
  • Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde, Jürgen Schupp, Gert G Wagner +3 others
  • 2005
All rights reserved. Reproduction and distribution in any form, also in parts, requires the express written permission of DIW Berlin. This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey questions and a representative sample of roughly 22,000 individuals living in Germany. Using a question(More)
This paper explores the interface between personality psychology and economics. We examine the predictive power of personality and the stability of personality traits over the life cycle. We develop simple analytical frameworks for interpreting the evidence in personality psychology and suggest promising avenues for future research. Chris Hsee gave us very(More)
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
  • Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde, Iza Bonn
  • 2006
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
  • Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde, Jürgen Schupp, Gert Wagner
  • 2005
This paper marks an important step forward in the study of individual risk attitudes. We use a novel set of survey measures, and a much larger sample than previous studies (22,000 individuals) to provide a representative picture of risk attitudes across an entire population. Our survey measures are attractive for studying determinants of risk attitudes ,(More)
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)
Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science,(More)
  • Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde, Iza Bonn
  • 2006
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between(More)