?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F3357%2F&rft.title=Stability+of+Risk+Preference+Measures%3A+Results+from+a+Field+Experiment+on+French+Farmers&rft.creator=Couture%2C+St%C3%A9phane&rft.creator=Reynaud%2C+Arnaud&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=We+compare+three+different+elicitation+methods+for+measuring+risk+attitudes+of+French+farmers+in+a+field+experiment+setting.+We+consider+two+experiments+based+on+the+lottery+choices+initially+proposed+by+Holt+and+Laury+(2002)+and+by+Eckel+and+Grossman+(2002%2C2008)%2C+a+risk-taking+psychological+questionnaire+and+a+self-reporting+of+perceived+risk+attitudes+for+different+domains.+The+main+empirical+results+from+this+within-subject+study+are+the+following.+First%2C+within+the%0D%0Aclass+of+lottery+choices%2C+risk+preference+measures+are+affected+by+the+type+of+mechanism+used.+In+particular%2C+farmers+appear+to+be+more+risk+averse+using+the+Eckel+and+Grossman+lottery+than+using+the+Holt+and+Laury+one.+However+attitudes+towards+risk+are+significantly+correlated%0D%0Aacross+lotteries+which+means+that+the+ranking+of+risk+preferences+seems+to+be+preserved.+Second%2C%0D%0Arisk+preferences+appear+to+be+context-dependent.+French+farmers+are+highly+risk+averse+for%0D%0Adecisions+belonging+to+financial+and+ethical+domains.+They+report+a+higher+willingness+to+take%0D%0Arisk+for+professional+decisions.+Lastly%2C+using+the+psychological+questionnaire%2C+we+find+that+the+risk%0D%0Aattitude+elicited+through+lottery+choices+often+correlates+with+risk+attitude+toward+investments.%0D%0AThese+findings+contribute+to+the+literature+which+addresses+the+stability+of+risk+preferences+across%0D%0Aelicitation+methods.&rft.publisher=TSE+Working+Paper&rft.date=2010-05-03&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F3357%2F1%2F10-151.pdf&rft.identifier=++Couture%2C+St%C3%A9phane+and+Reynaud%2C+Arnaud+%3Chttps%3A%2F%2Fwww.idref.fr%2F15826956X%3E++(2010)+Stability+of+Risk+Preference+Measures%3A+Results+from+a+Field+Experiment+on+French+Farmers.++TSE+Working+Paper%2C+n.+10-151+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F22629&rft.language=en