Eliciting risk preferences: Firefighting in the field

Utteeyo Dasgupta, Subha Mani, Smriti Sharma and Saurabh Singhal

No wp-2016-47, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Heterogeneity in subject populations often necessitates choosing an elicitation task that is intuitive, easy to explain, and simple to implement. Given that subject behaviour often differs dramatically across tasks when eliciting risk preferences, caution needs to be exercised in choosing one risk elicitation task over another.

Keywords: Experimental design; Risk (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Working Paper: Eliciting Risk Preferences: Firefighting in the Field (2016)
Working Paper: Eliciting Risk Preferences: Firefighting in the Field (2016)
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