实验室风险态度测量能否预测实验室内外风险行为?

Do measures of risk attitude in the laboratory predict behavior under risk in and outside of the laboratory?

Journal of Risk and Uncertainty · 2020
被引 128
ABS 3

中文导读

基于荷兰人口代表性面板的大规模实验,检验实验室风险态度测量能否解释实验室金融决策和现实中的风险行为(金融、健康、就业),发现测量与实验室行为相关,但与现实风险行为无关,质疑了当前测量方法的有效性。

Abstract

Abstract We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a representative panel of the Dutch population, we test if these measures can explain two different types of behavior: (i) behavior in laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the most complex measures are outperformed by simpler measures. However, measures of risk attitude are not related to risk-taking in the field, calling into question the methods currently used for the purpose of measuring actual risk preferences. We conclude that while the external validity of measures of risk attitude holds in closely related frameworks, this validity is compromised in more remote settings.

行为经济学实验经济学风险态度外部有效性