Individual Risk Attitudes : New Evidence from a Large , Representative , Experimentally-Validated Survey

@inproceedings{Dohmen2005IndividualRA,
  title={Individual Risk Attitudes : New Evidence from a Large , Representative , Experimentally-Validated Survey},
  author={Thomas Dohmen and Armin Falk and David Huffman and Uwe Sunde and J{\"u}rgen Schupp and Gert G. Wagner},
  year={2005}
}
Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey 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 that asks about willingness to take risks on an 11-point scale, we find evidence of heterogeneity across individuals, and show that willingness to take risks is negatively… CONTINUE READING
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