Eliciting risk preferences using choice lists
نویسندگان
چکیده
منابع مشابه
Eliciting Risk Preferences Using Choice Lists
We study the e ect of embedding pairwise choices between lotteries within a choice list on measured risk attitude. Using an experiment with online workers, we nd that subjects choose the risky lottery rather than a sure payment signi cantly more often when responding to a choice list. This behavior can be rationalized by the interaction between non-expected utility and the random incentive syst...
متن کاملEliciting Preferences for Health Insurance in Iran Using Discrete Choice Experiment Analysis
Background The preferences of Iranians concerning the attributes of health insurance benefit packages are not well studied. This study aimed to elicit health insurance preferences among insured people in Iran during 2016. Methods A mixed method...
متن کاملEliciting Risk and Time Preferences
Abstract. We design experiments to jointly elicit risk and time preferences for the adult Danish population. We find that joint elicitation results in estimates of discount rates that are dramatically lower than those found in previous studies. Estimation of latent time preferences requires that one specify a theoretical structure to understand risk and time choices, but we show that our main r...
متن کاملEliciting Risk Preferences: When is Simple Better?
We study the estimation of risk aversion preferences with experimental data. We focus on the trade-offs that arise when choosing between two different elicitation methods that have different degrees of difficulty for subjects. We analyze how and when the simpler, but coarser, elicitation method may be preferred to the more complex, but finer, one. Subjects in the more complex task exhibit noisi...
متن کاملEliciting preferences for waterpipe tobacco smoking using a discrete choice experiment: implications for product regulation
OBJECTIVES Waterpipe smoking is highly prevalent among university students, and has been increasing in popularity despite mounting evidence showing it is harmful to health. The aim of this study was to measure preferences for waterpipe smoking and determine which product characteristics are most important to smokers. SETTING A large university in the Southeastern USA. PARTICIPANTS Adult wat...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Quantitative Economics
سال: 2019
ISSN: 1759-7323
DOI: 10.3982/qe856