Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/288217 
Year of Publication: 
2023
Citation: 
[Journal:] Risk Management and Insurance Review [ISSN:] 1540-6296 [Volume:] 26 [Issue:] 3 [Publisher:] Wiley [Place:] Hoboken, NJ [Year:] 2023 [Pages:] 367-392
Publisher: 
Wiley, Hoboken, NJ
Abstract: 
Risk attitudes play a pivotal role to understand economic decision‐making, and several measures are used to elicit them in the lab and survey them in the field. We provide a literature review on the most commonly used risk elicitation methods by Holt and Laury (HL) and the Investment Game (IG) by Gneezy and Potters and the General Risk Question (GRQ) utilized in the German Socioeconomic Panel. Based on the metadata from three experiments, we show that the GRQ has a robust and economically relevant association with the IG.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article
Document Version: 
Published Version

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