Arbeitspapier | Working paper

Common components of risk and uncertainty attitudes across contexts and domains: evidence from 30 countries

Attitudes towards uncertainty have been indicated to be highly context-dependent, and to be sensitive to the measurement technique employed. We present data collected in controlled experiments with 2939 subjects in 30 countries measuring uncertainty attitudes through incentivized measures as well as survey questions. Our data show clearly that measures correlate not only within decision context or measurements methods, but also across contexts and methods. This points to the existance of one underlying "risk preference", which influences attitudes independently of the measurement method or choice domain. We furthermore find that answers to a general survey question correlate with incentivized lottery choices in most countries. Much more surprisingly, incentivized and survey measures also correlate significantly between countries. This opens the possibility to conduct cultural comparisons on risk attitudes using survey instruments. (author's abstract)

Extent
Seite(n): 39
Language
Englisch
Notes
Status: Veröffentlichungsversion; begutachtet

Bibliographic citation
Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, WZB-Nachwuchsgruppe Risiko und Entwicklung (SP II 2013-402)

Subject
Psychologie
Sozialwissenschaften, Soziologie
Sozialpsychologie
Erhebungstechniken und Analysetechniken der Sozialwissenschaften
Risikoverhalten
Methodik
Experiment
Messung
Befragung
Umfrageforschung

Event
Geistige Schöpfung
(who)
Vieider, Ferdinand M.
Lefebvre, Mathieu
Bouchouicha, Ranoua
Chmura, Thorsten
Hakimov, Rustamdjan
Krawczyk, Michal
Martinsson, Peter
Event
Veröffentlichung
(who)
Wissenschaftszentrum Berlin für Sozialforschung gGmbH
(where)
Deutschland, Berlin
(when)
2013

Handle
Last update
21.06.2024, 4:26 PM CEST

Data provider

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Object type

  • Arbeitspapier

Associated

  • Vieider, Ferdinand M.
  • Lefebvre, Mathieu
  • Bouchouicha, Ranoua
  • Chmura, Thorsten
  • Hakimov, Rustamdjan
  • Krawczyk, Michal
  • Martinsson, Peter
  • Wissenschaftszentrum Berlin für Sozialforschung gGmbH

Time of origin

  • 2013

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