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A Survey Measure of Risk Aversion

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  • Montmarquette, C.
  • Blais, A.

Abstract

We Use Survey Data on the Well-Being of Individuals to Measure Attitude Toward Risk. Risk Neutrality Cannot Be Rejected by the Data.

Suggested Citation

  • Montmarquette, C. & Blais, A., 1986. "A Survey Measure of Risk Aversion," Cahiers de recherche 8646, Universite de Montreal, Departement de sciences economiques.
    • Handle: RePEc:mtl:montde:8646
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    File URL: http://hdl.handle.net/1866/414
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    References listed on IDEAS

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    1. Szpiro, George G, 1986. "Measuring Risk Aversion: An Alternative Approach," The Review of Economics and Statistics, MIT Press, vol. 68(1), pages 156-159, February.
    2. Van Herwaarden, Floor G. & Kapteyn, Arie, 1979. "Empirical comparison of the shape of welfare functions," Economics Letters, Elsevier, vol. 3(1), pages 71-76.
    3. Spitzer, John J, 1984. "Variance Estimates in Models with the Box-Cox Transformation: Implications for Estimations and Hypothesis Testing," The Review of Economics and Statistics, MIT Press, vol. 66(4), pages 645-652, November.
    4. Szpiro, George G., 1986. "Relative risk aversion around the world," Economics Letters, Elsevier, vol. 20(1), pages 19-21.
    5. Kapteyn, Arie & Wansbeek, Tom, 1982. "Empirical evidence on preference formation," Journal of Economic Psychology, Elsevier, vol. 2(2), pages 137-154, June.
    6. Kapteyn, Arie & Van Praag, Bernard M. S. & Van Herwaarden, Floor G., 1978. "Individual welfare functions and social reference spaces," Economics Letters, Elsevier, vol. 1(2), pages 173-177.
    7. Harrison, Glenn W., 1986. "An experimental test for risk aversion," Economics Letters, Elsevier, vol. 21(1), pages 7-11.
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