On the stability of risk preferences: measurement matters

DOI10.1016/J.ECONLET.2021.110172MaRDI QIDQ2069967zbMATH OpenOpenAlexFDO

Authors Joop Adema, Till Nikolka, Panu Poutvaara, Uwe Sunde

Publication date 21 January 2022

Published in Economics Letters (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/j.econlet.2021.110172

zbMATH Keywords

COVID-19measurement of risk aversionstability of risk preferences

Mathematics Subject Classification ID

Individual preferences (91B08)

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• Optimism bias during the Covid-19 pandemic: empirical evidence from Romania and Italy
• Uncertainty and measurement error in welfare models for risk changes
• How does exposure to COVID-19 influence health and income inequality aversion?
• Contextual framing effects on risk aversion assessed using the bomb risk elicitation task
• Measures of risk attitude: correspondences between mean-variance and expected-utility approaches
• A new parametric test for the structure of risk preferences

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