The SGG risk elicitation task: implementation and results

Identificadores
URI: http://hdl.handle.net/10481/31564
Exportar
RISMendeleyBibtex
Estadísticas
View Usage Statistics
Metadata
Show full item record
Author
García-Gallego, Aurora; Georgantzís, Nikolaos; Jaramillo-Gutiérrez, Ainhoa; Parravano, Melanie
Editorial
Universidad de Granada. Departamento de Teoría e Historia Económica
Materia
Psychometric tests
 
Decision-making
 
Lotteries
 
Risk aversion
 
Date
2010
Referencia bibliográfica
García-Gallego, A.; et al. The SGG risk elicitation task: implementation and results. Universidad de Granada. Departamento de Teoría e Historia Económica (2010). (The Papers; 10/07). [http://hdl.handle.net/10481/31564]
Sponsorship
Financial support by Bancaixa (P1 1B2007-14) and the Spanish Ministry of Science and Innovation (SEJ2008/04636/ECON). Georgantzís acknowledges financial support by the Junta de Andalucía (P07-SEJ-03155).
Abstract
We propose a simple task for the elicitation of risk attitudes, initially used in Sabater-Grande and Georgantzís (2002) [SGG], capturing two dimensions of individual decision making: subjects’ average willingness to choose risky projects and their sensitivity towards variations in the return to risk. We report results from a large dataset obtained from the test and discuss regularities and the desirability of its bi-dimensionality when used to explain behaviour in other contexts.
Collections
Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License
Except where otherwise noted, this item's license is described as Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License