Temporal stability of risk preference measures - HAL-SHS - Sciences de l'Homme et de la Société
Pré-Publication, Document De Travail Année : 2012

Temporal stability of risk preference measures

Résumé

We examine the temporal stability of risk preference measures obtained by different elicitation methods in a controlled laboratory experiment at two distinct times. Our results indicate remarkable temporal stability of risk measures at the aggregated level and temporal instability at the individual level. We control for the impact of, first, personality traits, and second, performance realized in a market game. When better market performers demonstrate more stable risk preferences, the impact of personality traits is marginal.
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Dates et versions

halshs-00768437 , version 1 (21-12-2012)

Identifiants

  • HAL Id : halshs-00768437 , version 1

Citer

Katerina Straznicka. Temporal stability of risk preference measures. 2012. ⟨halshs-00768437⟩
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