Risk Behavior, Risk Perception and Online Shopping: An Experimental Approach
Zafer Akýn () and
Ý. Erdem Seçilmiþ ()
Additional contact information
Zafer Akýn: Department of Economics, Ipek University
Ý. Erdem Seçilmiþ: Department of Public Finance, Hacettepe University
Authors registered in the RePEc Author Service: Zafer Akin ()
No 1507, IPEK Working Papers from Ipek University, Department of Economics
In this paper, we analyze and link self-reported risk perception data obtained from surveys and experimentally elicited risk parameters and use them to explain online shopping behavior. We find that self-reported risk data turn out to be not correlated with the actual risk parameters. Although risk perceptions do not play a significant role in explaining binary online shopping behavior, risk parameters of the subjects elicited via a new hybrid experimental methodology play a very important role. The data also reveals that actually risk-averse subjects tend to report themselves to be just as risk-loving as the ones who exhibit risk-loving behavior.
Keywords: Perceived Risk; Risk Elicitation; Experiment; Survey; Online Purchasing (search for similar items in EconPapers)
Pages: 33 pages
Date: 2015-09, Revised 2015-09
New Economics Papers: this item is included in nep-cbe
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://econpapers.ipek.edu.tr/IpekWParchives/wp2015/wp1507AkinSecilmis.pdf First version, 2015 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to econpapers.ipek.edu.tr:80 (This is usually a temporary error during hostname resolution and means that the local server did not receive a response from an authoritative server. )
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ipk:wpaper:1507
Access Statistics for this paper
More papers in IPEK Working Papers from Ipek University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Levent Bulut ( this e-mail address is bad, please contact ).