A failed attempt to explain within subject variation in risk taking behavior using domain specific risk attitudes

► This paper reports the results of a study measuring risk taking behavior using multiple paid elicitation tasks. ► Consistent with previous puzzling results in the literature, we find considerable within subject variation in behavior across tasks. Participants also completed surveys to measure doma...

Full description

Saved in:
Bibliographic Details
Published inJournal of economic behavior & organization Vol. 87; pp. 1 - 24
Main Authors Deck, Cary, Lee, Jungmin, Reyes, Javier A., Rosen, Christopher C.
Format Journal Article
LanguageEnglish
Published Amsterdam Elsevier B.V 01.03.2013
Elsevier Sequoia S.A
Subjects
Online AccessGet full text

Cover

Loading…
Abstract ► This paper reports the results of a study measuring risk taking behavior using multiple paid elicitation tasks. ► Consistent with previous puzzling results in the literature, we find considerable within subject variation in behavior across tasks. Participants also completed surveys to measure domain specific risk attitudes. ► A hypothesis derived from the psychology literature is that apparently inconsistent behavior can be explained by a subject's domain specific risk attitude as measured by existing instruments. ► Specifically, we consider whether different elicitation tasks are tapping into different aspects of a person's personality. The results show minimal evidence to support this explanation. Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To test our hypothesis, we conducted a laboratory study using multiple paid risk elicitation tasks and a risk attitude survey. Consistent with previous research, our results indicated considerable within subject variation in behavior across tasks. However, we found little support for the hypothesis that this variation can be explained by domain specific risk attitudes.
AbstractList Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To test our hypothesis, we conducted a laboratory study using multiple paid risk elicitation tasks and a risk attitude survey. Consistent with previous research, our results indicated considerable within subject variation in behavior across tasks. However, we found little support for the hypothesis that this variation can be explained by domain specific risk attitudes. [Copyright Elsevier B.V.]
► This paper reports the results of a study measuring risk taking behavior using multiple paid elicitation tasks. ► Consistent with previous puzzling results in the literature, we find considerable within subject variation in behavior across tasks. Participants also completed surveys to measure domain specific risk attitudes. ► A hypothesis derived from the psychology literature is that apparently inconsistent behavior can be explained by a subject's domain specific risk attitude as measured by existing instruments. ► Specifically, we consider whether different elicitation tasks are tapping into different aspects of a person's personality. The results show minimal evidence to support this explanation. Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To test our hypothesis, we conducted a laboratory study using multiple paid risk elicitation tasks and a risk attitude survey. Consistent with previous research, our results indicated considerable within subject variation in behavior across tasks. However, we found little support for the hypothesis that this variation can be explained by domain specific risk attitudes.
Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from the psychology literature that such apparently inconsistent behavior can be explained by a subject's domain specific risk attitudes. To test our hypothesis, we conducted a laboratory study using multiple paid risk elicitation tasks and a risk attitude survey. Consistent with previous research, our results indicated considerable within subject variation in behavior across tasks. However, we found little support for the hypothesis that this variation can be explained by domain specific risk attitudes. [PUBLICATION ABSTRACT]
Author Rosen, Christopher C.
Lee, Jungmin
Deck, Cary
Reyes, Javier A.
Author_xml – sequence: 1
  givenname: Cary
  surname: Deck
  fullname: Deck, Cary
  email: cdeck@walton.uark.edu
  organization: University of Arkansas, Department of Economics, WCOB 402, Fayetteville, AR 72701, United States
– sequence: 2
  givenname: Jungmin
  surname: Lee
  fullname: Lee, Jungmin
  email: junglee@sogang.ac.kr
  organization: Sogang University & IZA, Department of Economics, 1 Shinsu-dong, Mapo-gu, Seoul 121-742, Republic of Korea
– sequence: 3
  givenname: Javier A.
  surname: Reyes
  fullname: Reyes, Javier A.
  email: jreyes@walton.uark.edu
  organization: University of Arkansas, Department of Economics, WCOB 402, Fayetteville, AR 72701, United States
– sequence: 4
  givenname: Christopher C.
  surname: Rosen
  fullname: Rosen, Christopher C.
  email: crosen@walton.uark.edu
  organization: University of Arkansas, Department of Management, WCOB 402, Fayetteville, AR 72701, United States
BookMark eNp9kcFu1DAQhi1UJLaFF-BkiQuXBE_idbwSl6qigFSJC5wtx57QSbNxajsLvD0Oy6mH-jKy9X0j6_8v2cUcZmTsLYgaBKgPYz1iH-pGQFMD1ALEC7YD3R0q6PZwwXYF6qpGaXjFLlMaRTldc9ixx2s-WJrQc5szHpfMc-D4e5kszfwX5fsy0tqP6DI_2Ug2U5h5eYyUHni2DzT_5D3e2xOFyNe0XX04bnZa0NFA7oyW9ZRXj-k1eznYKeGb__OK_bj99P3mS3X37fPXm-u7yskD5Epjr4XV2gurbJngpXNWKZRauN4rJVQ_DLpp92CFtF7qfj-0GqVSrZSDba_Y-_PeJYbHFVM2R0oOp8nOGNZkoFWyU3sAWdB3T9AxrHEuvysUdK0E0bWFas6UiyGliINZIh1t_GNAmK0FM5qtBbO1YABMaaFI-onkKP8LMceS-_Pqx7OKJaUTYTTJEc4OPcVSh_GBntP_Ajg-pj0
CODEN JEBOD9
CitedBy_id crossref_primary_10_1016_j_joep_2017_05_001
crossref_primary_10_1007_s10683_015_9457_9
crossref_primary_10_2139_ssrn_3965271
crossref_primary_10_1080_13504851_2014_934427
crossref_primary_10_1016_j_joep_2017_06_010
crossref_primary_10_1016_j_joep_2019_04_005
crossref_primary_10_1080_00220388_2017_1336542
crossref_primary_10_1007_s11116_022_10316_6
crossref_primary_10_1007_s10640_020_00431_2
crossref_primary_10_1016_j_socec_2023_102089
crossref_primary_10_1016_j_jebo_2022_07_011
crossref_primary_10_1016_j_joep_2019_03_006
crossref_primary_10_1371_journal_pone_0267696
crossref_primary_10_2139_ssrn_4533553
crossref_primary_10_1016_j_joep_2016_08_005
crossref_primary_10_1016_j_joep_2023_102607
crossref_primary_10_2139_ssrn_3247329
crossref_primary_10_1016_j_jebo_2015_08_003
crossref_primary_10_1111_1475_4932_12544
crossref_primary_10_1016_j_socec_2016_06_004
crossref_primary_10_1002_rfe_1142
crossref_primary_10_2139_ssrn_5009629
crossref_primary_10_1016_j_jebo_2020_03_028
crossref_primary_10_1007_s10683_017_9546_z
crossref_primary_10_2139_ssrn_3056512
crossref_primary_10_1007_s10683_020_09674_8
crossref_primary_10_1080_13669877_2014_923026
crossref_primary_10_1016_j_socec_2017_11_005
crossref_primary_10_1007_s11166_020_09325_6
crossref_primary_10_1007_s11166_021_09366_5
crossref_primary_10_2139_ssrn_3189133
crossref_primary_10_1016_j_econlet_2018_08_043
crossref_primary_10_1016_j_socscimed_2023_116381
crossref_primary_10_1016_j_jebo_2015_10_020
crossref_primary_10_1038_s41598_022_25627_y
crossref_primary_10_1080_23322039_2022_2101995
crossref_primary_10_1016_j_socec_2019_05_005
crossref_primary_10_2139_ssrn_3094143
crossref_primary_10_1162_rest_a_00895
crossref_primary_10_1007_s10683_019_09603_4
crossref_primary_10_1007_s11166_022_09400_0
crossref_primary_10_1016_j_geb_2022_02_002
crossref_primary_10_1016_j_geb_2021_11_010
crossref_primary_10_1016_j_tra_2015_07_002
crossref_primary_10_1016_j_joep_2017_02_005
crossref_primary_10_1007_s10683_016_9478_z
crossref_primary_10_3982_QE1981
crossref_primary_10_1038_s41562_017_0219_x
crossref_primary_10_1016_j_jbef_2021_100570
crossref_primary_10_1287_mnsc_2014_1959
Cites_doi 10.1080/00036840701235704
10.1023/A:1007881008177
10.2307/256844
10.1257/aer.102.6.2606
10.1017/S1930297500000334
10.1037/h0043608
10.3982/QE2
10.1016/j.socscimed.2004.07.006
10.1257/jep.21.2.153
10.1037/0022-3514.51.6.1173
10.1111/j.1467-9280.2006.01702.x
10.1037/1076-898X.8.2.75
10.1073/pnas.0500333102
10.2307/2951750
10.1016/S1090-5138(02)00097-1
10.1002/bs.3830080403
10.1016/0191-8869(93)90173-Z
10.1287/mnsc.36.12.1451
10.1287/mnsc.43.2.123
10.1257/000282802762024700
10.1257/aer.98.1.38
10.1111/j.1468-0262.2008.00848.x
10.1002/bdm.414
10.1287/mnsc.44.9.1205
10.1080/1744654042000311576
10.1016/0883-9026(88)90020-1
10.1111/j.1542-4774.2011.01015.x
10.1287/mnsc.36.4.422
ContentType Journal Article
Copyright 2012 Elsevier B.V.
Copyright Elsevier Sequoia S.A. Mar 2013
Copyright_xml – notice: 2012 Elsevier B.V.
– notice: Copyright Elsevier Sequoia S.A. Mar 2013
DBID AAYXX
CITATION
7QJ
8BJ
FQK
JBE
DOI 10.1016/j.jebo.2012.11.010
DatabaseName CrossRef
Applied Social Sciences Index & Abstracts (ASSIA)
International Bibliography of the Social Sciences (IBSS)
International Bibliography of the Social Sciences
International Bibliography of the Social Sciences
DatabaseTitle CrossRef
International Bibliography of the Social Sciences (IBSS)
Applied Social Sciences Index and Abstracts (ASSIA)
DatabaseTitleList Applied Social Sciences Index and Abstracts (ASSIA)

International Bibliography of the Social Sciences (IBSS)
DeliveryMethod fulltext_linktorsrc
Discipline Business
Psychology
EISSN 1879-1751
EndPage 24
ExternalDocumentID 2919499441
10_1016_j_jebo_2012_11_010
S0167268112002569
Genre Feature
GroupedDBID --K
--M
-~X
.~1
0R~
13V
1B1
1OL
1RT
1~.
1~5
29K
3R3
4.4
457
4G.
5GY
5VS
63O
6TJ
7-5
71M
8P~
9JO
AABNK
AACTN
AADFP
AAEDT
AAEDW
AAFFL
AAGJA
AAIAV
AAIKJ
AAKOC
AALRI
AAOAW
AAPFB
AAQFI
AAQXK
AAXUO
ABFNM
ABIVO
ABJNI
ABKBG
ABLJU
ABMAC
ABMVD
ABOYX
ABXDB
ABYKQ
ACDAQ
ACGFO
ACGFS
ACHQT
ACHRH
ACNTT
ACRLP
ACROA
ADBBV
ADEZE
ADFHU
ADIYS
ADMUD
AEBSH
AEKER
AEYQN
AFFNX
AFKWA
AFODL
AFTJW
AFYLN
AGHFR
AGTHC
AGUBO
AGYEJ
AHHHB
AI.
AIEXJ
AIIAU
AIKHN
AITUG
AJBFU
AJOXV
AJWLA
ALEQD
ALMA_UNASSIGNED_HOLDINGS
AMFUW
AMRAJ
ASPBG
AVWKF
AXJTR
AXLSJ
AZFZN
BEHZQ
BEZPJ
BGSCR
BKOJK
BKOMP
BLXMC
BNSAS
BNTGB
BPUDD
BULVW
BZJEE
CS3
D-I
DU5
EBS
EFJIC
EFLBG
EJD
EO8
EO9
EP2
EP3
F0J
F5P
FDB
FEDTE
FGOYB
FIRID
FNPLU
FYGXN
G-2
G-Q
GBLVA
HLX
HMB
HVGLF
HZ~
IHE
IXIXF
J1W
KOM
LG8
LPU
LY5
M41
MO0
MS~
N9A
O-L
O9-
OAUVE
OZT
P-8
P-9
P2P
PC.
PQQKQ
Q38
R2-
RIG
ROL
RPZ
SBM
SCC
SDF
SDG
SDP
SEB
SEE
SES
SEW
SPCBC
SSB
SSF
SSY
SSZ
T5K
TN5
UQL
VH1
WUQ
XPP
YK3
YQT
ZKB
ZMT
~G-
AATTM
AAXKI
AAYWO
AAYXX
ABWVN
ACRPL
ACVFH
ADCNI
ADMHG
ADNMO
AEIPS
AEUPX
AFJKZ
AFPUW
AFXIZ
AGCQF
AGQPQ
AGRNS
AIGII
AIIUN
AKBMS
AKRWK
AKYEP
ANKPU
APXCP
BNPGV
CITATION
SSH
7QJ
8BJ
EFKBS
FQK
JBE
ID FETCH-LOGICAL-c491t-8eb80a88d0a6aa881d4cca66e480cbd6606bff82351a04ad48b5f38e466344fa3
IEDL.DBID .~1
ISSN 0167-2681
IngestDate Tue Aug 05 11:24:43 EDT 2025
Sun Jul 13 05:38:52 EDT 2025
Thu Apr 24 23:02:24 EDT 2025
Tue Jul 01 04:04:13 EDT 2025
Fri Feb 23 02:26:53 EST 2024
IsPeerReviewed true
IsScholarly true
Keywords Risk attitudes
D8
Risk taking behavior
Laboratory experiments
C9
Personality traits
Language English
License https://www.elsevier.com/tdm/userlicense/1.0
LinkModel DirectLink
MergedId FETCHMERGED-LOGICAL-c491t-8eb80a88d0a6aa881d4cca66e480cbd6606bff82351a04ad48b5f38e466344fa3
Notes SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
ObjectType-Article-1
ObjectType-Feature-2
content type line 23
PQID 1317341073
PQPubID 45653
PageCount 24
ParticipantIDs proquest_miscellaneous_1364765114
proquest_journals_1317341073
crossref_primary_10_1016_j_jebo_2012_11_010
crossref_citationtrail_10_1016_j_jebo_2012_11_010
elsevier_sciencedirect_doi_10_1016_j_jebo_2012_11_010
ProviderPackageCode CITATION
AAYXX
PublicationCentury 2000
PublicationDate 2013-03-01
PublicationDateYYYYMMDD 2013-03-01
PublicationDate_xml – month: 03
  year: 2013
  text: 2013-03-01
  day: 01
PublicationDecade 2010
PublicationPlace Amsterdam
PublicationPlace_xml – name: Amsterdam
PublicationTitle Journal of economic behavior & organization
PublicationYear 2013
Publisher Elsevier B.V
Elsevier Sequoia S.A
Publisher_xml – name: Elsevier B.V
– name: Elsevier Sequoia S.A
References Charness, Gneezy (bib0060) 2007
Einav, Finkelstein, Pascu, Cullen (bib0205) 2012; 102
Baltussen, Post, Thaler, Van den Assem (bib0020) 2008; 98
Sitkin, Weingart (bib0170) 1995; 38
Weber (bib0180) 1998
Weber, Hsee (bib0195) 1998; 44
Weber, Milliman (bib0200) 1997; 43
Andersen, Harrison, Lau, Ruström (bib0010) 2006
Dave, Eckel, Johnson, Rojas (bib0070) 2007
Horvath, Zuckerman (bib0125) 1993; 14
Borghans, Duckworth, Heckman, ter Weel (bib0045) 2008
Weber, Blais, Betz (bib0185) 2002; 15
Brockhaus (bib0050) 1982
Harrison, Johnson, McInnes, Rutström (bib0105) 2005; 1
Levitt, List (bib0150) 2007; 21
Eckel, Grossman (bib0085) 2002; 23
Lejuez, Read, Kahler, Richards, Ramsey, Stuar (bib0145) 2002; 8
Cooper, Woo, Dunkelberg (bib0065) 1988; 3
Hanoch, Johnson, Wilke (bib0095) 2006; 17
Dohmen, Falk, Huffman, Sunde, Schupp, Wagner (bib0080) 2011; 9
Weber, Johnson (bib0190) 2008
Bruner (bib0055) 2007
MacCrimmon, Wehrung (bib0155) 1986
Berg, Dickhaut, McCabe (bib0035) 2005; 102
Holt, Laury (bib0120) 2002
Schoemaker (bib0165) 1990; 36
Slovic (bib0175) 1964; 61
Deck, Lee, Reyes (bib0075) 2008; 40
Blais, Weber (bib0040) 2006; 1
Harrison (bib0100) 2008
Isaac, James (bib0135) 2000; 20
Andersen, Harrison, Lau, Rutström (bib0015) 2008; 76
Andersen, Harrison, Lau, Ruström (bib0005) 2006
Harrison, Young, Butow, Salkeld, Solomon (bib0110) 2005; 60
Baron, Kenny (bib0025) 1986; 51
MacCrimmon, Wehrung (bib0160) 1990; 36
Becker, Degroot, Marschak (bib0030) 1963; 8
Hryshko, Maria, Sorensen (bib0130) 2011; 2
Hey, Orme (bib0115) 1994; 62
Johnson, Wilke, Weber (bib0140) 2004; 35
MacCrimmon (10.1016/j.jebo.2012.11.010_bib0160) 1990; 36
Weber (10.1016/j.jebo.2012.11.010_bib0195) 1998; 44
Levitt (10.1016/j.jebo.2012.11.010_bib0150) 2007; 21
Weber (10.1016/j.jebo.2012.11.010_bib0190) 2008
Blais (10.1016/j.jebo.2012.11.010_bib0040) 2006; 1
Weber (10.1016/j.jebo.2012.11.010_bib0180) 1998
Dohmen (10.1016/j.jebo.2012.11.010_bib0080) 2011; 9
Brockhaus (10.1016/j.jebo.2012.11.010_bib0050) 1982
Holt (10.1016/j.jebo.2012.11.010_bib0120) 2002
Baron (10.1016/j.jebo.2012.11.010_bib0025) 1986; 51
Charness (10.1016/j.jebo.2012.11.010_bib0060) 2007
Sitkin (10.1016/j.jebo.2012.11.010_bib0170) 1995; 38
Eckel (10.1016/j.jebo.2012.11.010_bib0085) 2002; 23
Isaac (10.1016/j.jebo.2012.11.010_bib0135) 2000; 20
Deck (10.1016/j.jebo.2012.11.010_bib0075) 2008; 40
Lejuez (10.1016/j.jebo.2012.11.010_bib0145) 2002; 8
Cooper (10.1016/j.jebo.2012.11.010_bib0065) 1988; 3
Hryshko (10.1016/j.jebo.2012.11.010_bib0130) 2011; 2
Schoemaker (10.1016/j.jebo.2012.11.010_bib0165) 1990; 36
Hey (10.1016/j.jebo.2012.11.010_bib0115) 1994; 62
Andersen (10.1016/j.jebo.2012.11.010_bib0010) 2006
Borghans (10.1016/j.jebo.2012.11.010_bib0045) 2008
MacCrimmon (10.1016/j.jebo.2012.11.010_bib0155) 1986
Slovic (10.1016/j.jebo.2012.11.010_bib0175) 1964; 61
Andersen (10.1016/j.jebo.2012.11.010_bib0005) 2006
Hanoch (10.1016/j.jebo.2012.11.010_bib0095) 2006; 17
Baltussen (10.1016/j.jebo.2012.11.010_bib0020) 2008; 98
Andersen (10.1016/j.jebo.2012.11.010_bib0015) 2008; 76
Einav (10.1016/j.jebo.2012.11.010_bib0205) 2012; 102
Horvath (10.1016/j.jebo.2012.11.010_bib0125) 1993; 14
Berg (10.1016/j.jebo.2012.11.010_bib0035) 2005; 102
Harrison (10.1016/j.jebo.2012.11.010_bib0105) 2005; 1
Becker (10.1016/j.jebo.2012.11.010_bib0030) 1963; 8
Harrison (10.1016/j.jebo.2012.11.010_bib0100) 2008
Harrison (10.1016/j.jebo.2012.11.010_bib0110) 2005; 60
Weber (10.1016/j.jebo.2012.11.010_bib0185) 2002; 15
Dave (10.1016/j.jebo.2012.11.010_bib0070) 2007
Johnson (10.1016/j.jebo.2012.11.010_bib0140) 2004; 35
Bruner (10.1016/j.jebo.2012.11.010_bib0055) 2007
Weber (10.1016/j.jebo.2012.11.010_bib0200) 1997; 43
References_xml – volume: 3
  start-page: 97
  year: 1988
  end-page: 108
  ident: bib0065
  article-title: Entrepreneurs’ perceived chances for success
  publication-title: Journal of Business Venturing
– volume: 2
  start-page: 37
  year: 2011
  end-page: 72
  ident: bib0130
  article-title: Childhood determinants of risk aversion: the long shadow of compulsory education
  publication-title: Quantitative Economics
– volume: 98
  start-page: 38
  year: 2008
  end-page: 71
  ident: bib0020
  article-title: Deal or No Deal? Decision making under risk in a large-payoff game show
  publication-title: American Economic Review
– year: 2008
  ident: bib0100
  article-title: Maximum Likelihood Estimation of Utility Functions Using Stata
– year: 2006
  ident: bib0005
  article-title: Dynamic Choice Behavior in a Natural Experiment
– volume: 51
  start-page: 1173
  year: 1986
  end-page: 1182
  ident: bib0025
  article-title: The moderator-mediator distinction in social psychological research: conceptual, strategic, and statistical considerations
  publication-title: Journal of Personality and Social Psychology
– year: 1986
  ident: bib0155
  article-title: Taking Risks: The Management of Uncertainty
– start-page: 1644
  year: 2002
  end-page: 1655
  ident: bib0120
  article-title: Risk aversion and incentive effects
  publication-title: American Economic Review
– volume: 38
  start-page: 1573
  year: 1995
  end-page: 1592
  ident: bib0170
  article-title: Determinants of risky decision-making behavior: a test of the mediating role of risk perceptions and propensity
  publication-title: Academy of Management Journal
– volume: 20
  start-page: 177
  year: 2000
  end-page: 187
  ident: bib0135
  article-title: Just who are you calling risk averse
  publication-title: Journal of Risk and Uncertainty
– volume: 35
  start-page: 153
  year: 2004
  end-page: 172
  ident: bib0140
  article-title: Beyond a trait view of risk taking: a domain-specific scale measuring risk perceptions, expected benefits, and perceived-risk attitudes in German-speaking populations
  publication-title: Polish Psychological Bulletin
– year: 2006
  ident: bib0010
  article-title: Dual Criteria Decisions
– volume: 60
  start-page: 1385
  year: 2005
  end-page: 1396
  ident: bib0110
  article-title: Is it worth the risk? A systematic review of instruments that measure risk propensity for use in the health setting
  publication-title: Social Science and Medicine
– volume: 102
  start-page: 4209
  year: 2005
  end-page: 4214
  ident: bib0035
  article-title: Risk preference instability across institutions: a dilemma
  publication-title: Proceedings of the National Academy of Sciences
– start-page: 39
  year: 1982
  end-page: 57
  ident: bib0050
  article-title: The psychology of the entrepreneur
  publication-title: The Encyclopedia of Entrepreneurship
– volume: 17
  start-page: 300
  year: 2006
  end-page: 304
  ident: bib0095
  article-title: Domain specificity in experimental measures and participant recruitment
  publication-title: Psychological Science
– volume: 15
  start-page: 263
  year: 2002
  end-page: 290
  ident: bib0185
  article-title: A domain-specific risk-attitude scale: measuring risk perceptions and risk behaviors
  publication-title: Journal of Behavioral Decision Making
– volume: 1
  start-page: 33
  year: 2006
  end-page: 47
  ident: bib0040
  article-title: A domain-specific risk-taking (DOSPERT) Scale for adult populations
  publication-title: Judgment and Decision Making
– volume: 76
  start-page: 583
  year: 2008
  end-page: 618
  ident: bib0015
  article-title: Eliciting risk and time preferences
  publication-title: Econometrica
– volume: 36
  start-page: 422
  year: 1990
  end-page: 435
  ident: bib0160
  article-title: Characteristics of risk taking executives
  publication-title: Management Science
– volume: 21
  start-page: 153
  year: 2007
  end-page: 174
  ident: bib0150
  article-title: What do laboratory experiments measuring social preferences reveal about the real world?
  publication-title: Journal of Economic Perspectives
– volume: 36
  start-page: 1451
  year: 1990
  end-page: 1463
  ident: bib0165
  article-title: Are risk-attitudes related across domains and response modes?
  publication-title: Management Science
– volume: 61
  start-page: 330
  year: 1964
  end-page: 333
  ident: bib0175
  article-title: Assessment of risk taking behavior
  publication-title: Psychological Bulletin
– volume: 44
  start-page: 1205
  year: 1998
  end-page: 1217
  ident: bib0195
  article-title: Cross-cultural differences in risk perception but cross-cultural similarities in attitudes towards risk
  publication-title: Management Science
– volume: 40
  start-page: 41
  year: 2008
  end-page: 52
  ident: bib0075
  article-title: Risk attitudes in large stake gambles: evidence from a game show
  publication-title: Applied Economics
– volume: 23
  start-page: 281
  year: 2002
  end-page: 295
  ident: bib0085
  article-title: Sex differences and statistical stereotyping in attitudes toward financial risk
  publication-title: Evolution and Human Behavior
– volume: 43
  start-page: 123
  year: 1997
  end-page: 144
  ident: bib0200
  article-title: Perceived risk attitudes: relating risk perception to risky choice
  publication-title: Management Science
– year: 2007
  ident: bib0055
  article-title: Changing the Probability versus Changing the Reward: Evidence from a Risk Preference Elicitation Mechanism
– start-page: 53
  year: 1998
  end-page: 64
  ident: bib0180
  article-title: Who's afraid of a little risk? New evidence for general risk aversion
  publication-title: Decision Research From Bayesian Approaches to Normative Systems: Reflections on the Contributions of Ward Edwards
– volume: 62
  start-page: 1291
  year: 1994
  end-page: 1326
  ident: bib0115
  article-title: Investigating generalizations of expected utility theory using experimental data
  publication-title: Econometrica
– year: 2007
  ident: bib0060
  article-title: Strong Evidence for Gender Differences in Investment
– year: 2008
  ident: bib0045
  article-title: The Economics and Psychology of Personality Traits
– volume: 8
  start-page: 75
  year: 2002
  end-page: 84
  ident: bib0145
  article-title: Evaluation of a behavioral measure of risk taking: the Balloon Analogue Risk Task (BART)
  publication-title: Journal of Experimental Psychology: Applied
– start-page: 127
  year: 2008
  end-page: 144
  ident: bib0190
  article-title: Decisions under uncertainty: psychological, economic and neuroeconomic explanations of risk preference
  publication-title: Neuroeconomics: Decision Making and the Brain
– volume: 8
  start-page: 306
  year: 1963
  end-page: 311
  ident: bib0030
  article-title: Probabilities of choices among very similar objects: an experiment to decide between two models
  publication-title: Behavioral Science
– year: 2007
  ident: bib0070
  article-title: On the Heterogeneity, Stability, and Validity of Risk Preference Measures
– volume: 9
  start-page: 522
  year: 2011
  end-page: 550
  ident: bib0080
  article-title: Individual risk attitudes: measurement, determinants, and behavioral consequences
  publication-title: Journal of the European Economic Association
– volume: 1
  start-page: 31
  year: 2005
  end-page: 35
  ident: bib0105
  article-title: Temporal stability of estimates of risk aversion
  publication-title: Applied Financial Economics Letters
– volume: 14
  start-page: 41
  year: 1993
  end-page: 52
  ident: bib0125
  article-title: Sensation seeking, risk appraisal, and risky behavior
  publication-title: Personality and Individual Differences
– volume: 102
  start-page: 2606
  year: 2012
  end-page: 2638
  ident: bib0205
  article-title: How general are risk preferences? Choices under uncertainty in different domains
  publication-title: American Economic Review
– volume: 40
  start-page: 41
  issue: 1
  year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0075
  article-title: Risk attitudes in large stake gambles: evidence from a game show
  publication-title: Applied Economics
  doi: 10.1080/00036840701235704
– volume: 20
  start-page: 177
  issue: 2
  year: 2000
  ident: 10.1016/j.jebo.2012.11.010_bib0135
  article-title: Just who are you calling risk averse
  publication-title: Journal of Risk and Uncertainty
  doi: 10.1023/A:1007881008177
– start-page: 39
  year: 1982
  ident: 10.1016/j.jebo.2012.11.010_bib0050
  article-title: The psychology of the entrepreneur
– volume: 38
  start-page: 1573
  issue: 6
  year: 1995
  ident: 10.1016/j.jebo.2012.11.010_bib0170
  article-title: Determinants of risky decision-making behavior: a test of the mediating role of risk perceptions and propensity
  publication-title: Academy of Management Journal
  doi: 10.2307/256844
– start-page: 127
  year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0190
  article-title: Decisions under uncertainty: psychological, economic and neuroeconomic explanations of risk preference
– volume: 102
  start-page: 2606
  issue: 6
  year: 2012
  ident: 10.1016/j.jebo.2012.11.010_bib0205
  article-title: How general are risk preferences? Choices under uncertainty in different domains
  publication-title: American Economic Review
  doi: 10.1257/aer.102.6.2606
– year: 2007
  ident: 10.1016/j.jebo.2012.11.010_bib0055
– volume: 1
  start-page: 33
  year: 2006
  ident: 10.1016/j.jebo.2012.11.010_bib0040
  article-title: A domain-specific risk-taking (DOSPERT) Scale for adult populations
  publication-title: Judgment and Decision Making
  doi: 10.1017/S1930297500000334
– volume: 61
  start-page: 330
  issue: 3
  year: 1964
  ident: 10.1016/j.jebo.2012.11.010_bib0175
  article-title: Assessment of risk taking behavior
  publication-title: Psychological Bulletin
  doi: 10.1037/h0043608
– volume: 2
  start-page: 37
  year: 2011
  ident: 10.1016/j.jebo.2012.11.010_bib0130
  article-title: Childhood determinants of risk aversion: the long shadow of compulsory education
  publication-title: Quantitative Economics
  doi: 10.3982/QE2
– volume: 60
  start-page: 1385
  year: 2005
  ident: 10.1016/j.jebo.2012.11.010_bib0110
  article-title: Is it worth the risk? A systematic review of instruments that measure risk propensity for use in the health setting
  publication-title: Social Science and Medicine
  doi: 10.1016/j.socscimed.2004.07.006
– volume: 35
  start-page: 153
  year: 2004
  ident: 10.1016/j.jebo.2012.11.010_bib0140
  article-title: Beyond a trait view of risk taking: a domain-specific scale measuring risk perceptions, expected benefits, and perceived-risk attitudes in German-speaking populations
  publication-title: Polish Psychological Bulletin
– volume: 21
  start-page: 153
  issue: 2
  year: 2007
  ident: 10.1016/j.jebo.2012.11.010_bib0150
  article-title: What do laboratory experiments measuring social preferences reveal about the real world?
  publication-title: Journal of Economic Perspectives
  doi: 10.1257/jep.21.2.153
– year: 2006
  ident: 10.1016/j.jebo.2012.11.010_bib0010
– volume: 51
  start-page: 1173
  issue: 6.
  year: 1986
  ident: 10.1016/j.jebo.2012.11.010_bib0025
  article-title: The moderator-mediator distinction in social psychological research: conceptual, strategic, and statistical considerations
  publication-title: Journal of Personality and Social Psychology
  doi: 10.1037/0022-3514.51.6.1173
– year: 2007
  ident: 10.1016/j.jebo.2012.11.010_bib0070
– volume: 17
  start-page: 300
  year: 2006
  ident: 10.1016/j.jebo.2012.11.010_bib0095
  article-title: Domain specificity in experimental measures and participant recruitment
  publication-title: Psychological Science
  doi: 10.1111/j.1467-9280.2006.01702.x
– year: 2006
  ident: 10.1016/j.jebo.2012.11.010_bib0005
– year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0100
– year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0045
– volume: 8
  start-page: 75
  year: 2002
  ident: 10.1016/j.jebo.2012.11.010_bib0145
  article-title: Evaluation of a behavioral measure of risk taking: the Balloon Analogue Risk Task (BART)
  publication-title: Journal of Experimental Psychology: Applied
  doi: 10.1037/1076-898X.8.2.75
– volume: 102
  start-page: 4209
  issue: 11
  year: 2005
  ident: 10.1016/j.jebo.2012.11.010_bib0035
  article-title: Risk preference instability across institutions: a dilemma
  publication-title: Proceedings of the National Academy of Sciences
  doi: 10.1073/pnas.0500333102
– volume: 62
  start-page: 1291
  issue: 2
  year: 1994
  ident: 10.1016/j.jebo.2012.11.010_bib0115
  article-title: Investigating generalizations of expected utility theory using experimental data
  publication-title: Econometrica
  doi: 10.2307/2951750
– volume: 23
  start-page: 281
  issue: 4
  year: 2002
  ident: 10.1016/j.jebo.2012.11.010_bib0085
  article-title: Sex differences and statistical stereotyping in attitudes toward financial risk
  publication-title: Evolution and Human Behavior
  doi: 10.1016/S1090-5138(02)00097-1
– start-page: 53
  year: 1998
  ident: 10.1016/j.jebo.2012.11.010_bib0180
  article-title: Who's afraid of a little risk? New evidence for general risk aversion
– volume: 8
  start-page: 306
  issue: 4
  year: 1963
  ident: 10.1016/j.jebo.2012.11.010_bib0030
  article-title: Probabilities of choices among very similar objects: an experiment to decide between two models
  publication-title: Behavioral Science
  doi: 10.1002/bs.3830080403
– volume: 14
  start-page: 41
  year: 1993
  ident: 10.1016/j.jebo.2012.11.010_bib0125
  article-title: Sensation seeking, risk appraisal, and risky behavior
  publication-title: Personality and Individual Differences
  doi: 10.1016/0191-8869(93)90173-Z
– volume: 36
  start-page: 1451
  issue: 12
  year: 1990
  ident: 10.1016/j.jebo.2012.11.010_bib0165
  article-title: Are risk-attitudes related across domains and response modes?
  publication-title: Management Science
  doi: 10.1287/mnsc.36.12.1451
– volume: 43
  start-page: 123
  issue: 2
  year: 1997
  ident: 10.1016/j.jebo.2012.11.010_bib0200
  article-title: Perceived risk attitudes: relating risk perception to risky choice
  publication-title: Management Science
  doi: 10.1287/mnsc.43.2.123
– start-page: 1644
  issue: December
  year: 2002
  ident: 10.1016/j.jebo.2012.11.010_bib0120
  article-title: Risk aversion and incentive effects
  publication-title: American Economic Review
  doi: 10.1257/000282802762024700
– year: 2007
  ident: 10.1016/j.jebo.2012.11.010_bib0060
– volume: 98
  start-page: 38
  issue: 1
  year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0020
  article-title: Deal or No Deal? Decision making under risk in a large-payoff game show
  publication-title: American Economic Review
  doi: 10.1257/aer.98.1.38
– volume: 76
  start-page: 583
  year: 2008
  ident: 10.1016/j.jebo.2012.11.010_bib0015
  article-title: Eliciting risk and time preferences
  publication-title: Econometrica
  doi: 10.1111/j.1468-0262.2008.00848.x
– volume: 15
  start-page: 263
  year: 2002
  ident: 10.1016/j.jebo.2012.11.010_bib0185
  article-title: A domain-specific risk-attitude scale: measuring risk perceptions and risk behaviors
  publication-title: Journal of Behavioral Decision Making
  doi: 10.1002/bdm.414
– volume: 44
  start-page: 1205
  issue: 9
  year: 1998
  ident: 10.1016/j.jebo.2012.11.010_bib0195
  article-title: Cross-cultural differences in risk perception but cross-cultural similarities in attitudes towards risk
  publication-title: Management Science
  doi: 10.1287/mnsc.44.9.1205
– year: 1986
  ident: 10.1016/j.jebo.2012.11.010_bib0155
– volume: 1
  start-page: 31
  issue: 1
  year: 2005
  ident: 10.1016/j.jebo.2012.11.010_bib0105
  article-title: Temporal stability of estimates of risk aversion
  publication-title: Applied Financial Economics Letters
  doi: 10.1080/1744654042000311576
– volume: 3
  start-page: 97
  issue: 2
  year: 1988
  ident: 10.1016/j.jebo.2012.11.010_bib0065
  article-title: Entrepreneurs’ perceived chances for success
  publication-title: Journal of Business Venturing
  doi: 10.1016/0883-9026(88)90020-1
– volume: 9
  start-page: 522
  issue: 3
  year: 2011
  ident: 10.1016/j.jebo.2012.11.010_bib0080
  article-title: Individual risk attitudes: measurement, determinants, and behavioral consequences
  publication-title: Journal of the European Economic Association
  doi: 10.1111/j.1542-4774.2011.01015.x
– volume: 36
  start-page: 422
  issue: 4
  year: 1990
  ident: 10.1016/j.jebo.2012.11.010_bib0160
  article-title: Characteristics of risk taking executives
  publication-title: Management Science
  doi: 10.1287/mnsc.36.4.422
SSID ssj0000729
Score 2.2434075
Snippet ► This paper reports the results of a study measuring risk taking behavior using multiple paid elicitation tasks. ► Consistent with previous puzzling results...
Previous research has found considerable variation in risk taking behavior within individuals across tasks. In this paper, we develop a hypothesis derived from...
SourceID proquest
crossref
elsevier
SourceType Aggregation Database
Enrichment Source
Index Database
Publisher
StartPage 1
SubjectTerms Attitudes
Behavior
Elicitation
Hypotheses
Laboratories
Laboratory experiments
Personality traits
Psychological aspects
Psychology
Risk
Risk attitudes
Risk taking
Risk taking behavior
Studies
Title A failed attempt to explain within subject variation in risk taking behavior using domain specific risk attitudes
URI https://dx.doi.org/10.1016/j.jebo.2012.11.010
https://www.proquest.com/docview/1317341073
https://www.proquest.com/docview/1364765114
Volume 87
hasFullText 1
inHoldings 1
isFullTextHit
isPrint
link http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV3NS8MwFA-iIF7ET5wfI4I3qWubNMuOYzimQw_q0FtImkYmc62uE0_-7b7Xj4kiHjwF0pe0vJe8j_T3Xgg5YeDFaysir22F7_FYO0-akHkWs3Yj7ZgtMryvrsVgxC8foocl0qtzYRBWWen-UqcX2rrqaVXcbGXjcesWAfShkOAwFIYbk_g4b-MqP_v4gnlgZey6vjdSV4kzJcbrCfY0wrvCM6zkiVm0vxunH2q6sD39DbJeOY20W37XJllKpltktcasb5OXLnUatrelWC3zOctpntLkPZtA2E_xpBWa2dzgkQt9g-C4kAaFTgSW07y4kIrWCfsUp32kNn3G0ZiJiWiikhSmH2MxzNkOGfXP73oDr7pLwYt5J8g9mRjpaymtr4WGNrAcZCdEwqUfGysgjjHOyZBFgfa5tlyayDGZcPBIOHea7ZLlaTpN9gh10BuJmLHYAKWMOwZCtrbWnDnj_Ng1SFAzUcVVoXG872KiakTZk0LGK2Q8RCAKGN8gp4sxWVlm40_qqJaN-rZYFNiBP8cd1oJU1VadqQA8KDDloOoa5HjxGDYZ_jnR0ySdI42AlQW-Kd__56sPyFpYXKSB6LVDspy_zpMjcGdy0yzWa5OsdC-Gg2tshzf3w0-IMPdI
linkProvider Elsevier
linkToHtml http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV1LS8QwEB58gHoRn7i6agRvUrdt0mz2uIiyPi8qeAtJ08iK7q5uVzz5253pQ1HEg6dAOknLpPNqv5kB2OfoxRsnk6DtZBiI1PhA2ZgHjrJ2E-O5KzK8L69k71ac3SV3U3BU58IQrLLS_aVOL7R1NdOquNka9futawLQx1Khw1AY7s40zAoUX2pjcPj-hfOg0th1gW8irzJnSpDXAwo14bviQyrlSWm0v1unH3q6MD4nS7BYeY2sWz7YMkxlgxWYq0Hrq_DcZd6gfDtG5TKfRjnLhyx7Gz1i3M_oUysO44mlby7sFaPj4jgYThKynOVFRypWZ-wz2vaeueETraZUTIITlaS4fZ-qYY7X4Pbk-OaoF1TNFIJUdKI8UJlVoVHKhUYaHCMn8PCkzIQKU-skBjLWexXzJDKhME4om3iuMoEuiRDe8HWYGQwH2QYwj7OJTDlPLVKqtGMxZmsbI7i3Pkx9A6KaiTqtKo1Tw4tHXUPKHjQxXhPjMQTRyPgGHHyuGZV1Nv6kTuqz0d_eFo2G4M91zfogdSWrYx2hC4W2HHVdA_Y-L6OU0a8TM8iGE6KRoi3RORWb_7z1Lsz3bi4v9MXp1fkWLMRFVw2CsjVhJn-ZZNvo2-R2p3h3PwBvhvcz
openUrl ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=A+failed+attempt+to+explain+within+subject+variation+in+risk+taking+behavior+using+domain+specific+risk+attitudes&rft.jtitle=Journal+of+economic+behavior+%26+organization&rft.au=Deck%2C+Cary&rft.au=Lee%2C+Jungmin&rft.au=Reyes%2C+Javier+A.&rft.au=Rosen%2C+Christopher+C.&rft.date=2013-03-01&rft.pub=Elsevier+B.V&rft.issn=0167-2681&rft.eissn=1879-1751&rft.volume=87&rft.spage=1&rft.epage=24&rft_id=info:doi/10.1016%2Fj.jebo.2012.11.010&rft.externalDocID=S0167268112002569
thumbnail_l http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0167-2681&client=summon
thumbnail_m http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0167-2681&client=summon
thumbnail_s http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0167-2681&client=summon