照我做的做，不要照我说的做:激励与认知能力和风险厌恶之间的关系

Q4 Economics, Econometrics and Finance Revista Brasileira de Economia Pub Date : 2019-12-19 DOI:10.5935/0034-7140.20190019

Sergio Almeida

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引用次数: 4

摘要

我们研究如何使用真实和假设的选择来引出风险偏好影响认知能力和风险厌恶之间的统计关系。我们的实验结果表明，这种关联对用于引发风险偏好的选择问题的激励条件很敏感。处于认知能力分布上尾的个体愿意承担更多的风险。但这只在选择包含假设收益时成立。当选择是真实存在的时候，这种相关性就显得微不足道了。结果是稳健的使用替代措施的认知能力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Do as I Do, Not as I Say: Incentivization and the Relationship Between Cognitive Ability and Risk Aversion

We study how the use of real and hypothetical choices to elicit risk preferences affect the statistical relationship between cognitive ability and risk aversion. Our experimental results suggest that such association is sensitive to incentive conditions of the choice problems used to elicit risk preferences. Individuals in the upper tail of the cognitive ability distribution are willing to take more risks. But this holds only when choices involve hypothetical payoffs. When choices are real, this correlation is found insignificant. Results are robust to using alternative measures of cognitive ability.

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来源期刊

Revista Brasileira de Economia Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

0.40

自引率

0.00%

发文量

审稿时长

20 weeks

期刊介绍： A Revista Brasileira de Economia (RBE) é a mais antiga publicação de Economia do Brasil, e a segunda mais antiga da América Latina. Seus fundadores foram Arizio de Viana, o primeiro editor, e Eugênio Gudin, um dos mais influentes economistas da história brasileira. A RBE foi apresentada no seu primeiro número pelo professor Luiz Simões Lopes, em uma Introdução que poderia constar ainda hoje de qualquer número da revista.