The “general risk question” (GRQ) has been established as a quick way to meaningfully elicit subjective attitudes toward risk and correlates well with real-world behaviors involving risk. However, little is known about what aspects of attitudes toward financial risk are captured by the GRQ. We examine how answers to the GRQ correlate with different preference motives and biases toward financial risk using an incentivized choice task (n = 1,730). We find that the GRQ has meaningful correlation with loss aversion and attitudes toward variation in financial losses, but much weaker to non-existent correlations with attitudes toward variation in financial gains, likelihood insensitivity, and certainty preferences. These results suggest that practical applications using the GRQ as an index for financial risk preferences may be most appropriate in settings where decisions rest on attitudes toward financial losses.

中文翻译：

---

将主观和激励风险态度联系起来：损失的重要性

建立“一般风险问题”（GRQ）是一种快速的方法，可以有意义地引起人们对风险的主观态度，并与涉及风险的现实行为密切相关。但是，对于GRQ捕捉到的金融风险态度的哪些方面知之甚少。我们使用激励选择任务（n = 1,730）来检验GRQ的答案如何与不同的偏好动机和对金融风险的偏见相关联。我们发现GRQ与损失规避和对金融损失变化的态度具有有意义的相关性，但对不存在的对收益，可能性不敏感和确定性偏好的相关性则弱得多。