In the past decade, it has become common to use simple laboratory games and decision
tasks as a device for measuring risk preferences in the developing world. In this paper, we …

Recent studies cast doubt on the ability of abstract experiments to predict decision‐making
in the field. Thus, scholars have argued for more 'realism'by introducing context to field …

Eliciting risk preferences usually involves tasks that subjects may find complex, such as
calculations of expected values and assessment of probabilities in multiple price lists (MPL) …

Empirical research aiming to elicit risk attitudes faces problems of within-and between-
method inconsistencies, which reduce the explanatory and predictive power of risk research …

This study compares risk preferences elicited from two different methods and the resulting
inconsistency rates in response behavior. We also identify and compare how demographic …

Economic experiments are increasingly conducted with field populations for whom
comprehension of instructions may be more difficult to achieve. We investigate how framing …

Pastoral and agro-pastoral communities are amongst the most vulnerable groups in the
world to increased drought risk caused by climate change. Risk preferences play a key role …

Abstract The Holt and Laury (2002) task is arguably the most widely employed method for
eliciting individual risk attitudes in economics. However, although around 15% of standard …

Short rotation coppice (SRC) is, from a comparative static point of view, an interesting
economic alternative to traditional agricultural land use. Nevertheless, farmers often do not …

ABSTRACT Dohmen et al.(2010) find in their paper ('Are Risk Aversion and Impatience
Related to Cognitive Ability?'), which has been published in the American Economic …