Attitudes Toward Risk: Experimental Measurement in Rural India
用访谈法和实验赌博法测量了240户印度农村家庭的风险态度，发现访谈法结果不可靠，实验法显示高收益下几乎所有个体都中度风险厌恶，财富对风险厌恶影响不显著。
Abstract Attitudes toward risk were measured in 240 households using two methods: an interview method eliciting certainty equivalents and an experimental gambling approach with real payoffs which, at their maximum, exceeded monthly incomes of unskilled laborers. The interview method is subject to interviewer bias and its results were totally inconsistent with the experimental measures of risk aversion. Experimental measures indicate that, at high payoff levels, virtually all individuals are moderately risk‐averse with little variation according to personal characteristics. Wealth tends to reduce risk aversion slightly, but its effect is not statistically significant.