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Measuring ambiguity preferences: A new ambiguity preference survey module
Journal of Risk and Uncertainty ( IF 1.3 ) Pub Date : 2019-04-22 , DOI: 10.1007/s11166-019-09299-0
Elisa Cavatorta , David Schröder

Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly, time-consuming and require substantial administrative effort. This study develops an experimentally validated ambiguity preference survey module that can reliably measure ambiguity preferences when carrying out laboratory experiments is impractical. This toolkit may have wide applications, including end-of-session lab questionnaires, large scale surveys and financial client assessments.

中文翻译:

衡量歧义偏好:新的歧义偏好调查模块

歧义偏好对于解释经济学和金融学中许多领域的人类决策至关重要。为了衡量个人的歧义偏好,实验经济学文献提倡使用激励性实验室实验。然而,实验室实验是昂贵的,费时的并且需要大量的管理工作。这项研究开发了一个经过实验验证的歧义偏好调查模块,当进行实验室实验不切实际时,该模块可以可靠地测量歧义偏好。该工具包可能具有广泛的应用,包括期末实验室问卷调查,大规模调查和财务客户评估。
更新日期:2019-04-22
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