A failed attempt to explain within subject variation in risk taking behavior using domain specific risk attitudes
A failed attempt to explain within subject variation in risk taking behavior using domain specific risk attitudes
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DOI:
10.1016/j.jebo.2012.11.010
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发表时间:
2013-03-01
影响因子:
2.2
通讯作者:
Rosen, Christopher C.
中科院分区:
文献类型:
--
作者:
Deck, Cary;Lee, Jungmin;Rosen, Christopher C.
Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To test our hypothesis, we conducted a laboratory study using multiple paid risk elicitation tasks and a risk attitude survey. Consistent with previous research, our results indicated considerable within subject variation in behavior across tasks. However, we found little support for the hypothesis that this variation can be explained by domain specific risk attitudes. (C) 2012 Elsevier B.V. All rights reserved.