Within- versus between-country differences in risk attitudes: implications for cultural comparisons

Vieider, F.M., Chmura, T. ORCID: 0000-0001-7476-2030, Fisher, T., Kusakawa, T., Martinsson, P., Thompson, F.M. and Sunday, A., 2015. Within- versus between-country differences in risk attitudes: implications for cultural comparisons. Theory and Decision, 78 (2), pp. 209-218. ISSN 0040-5833

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Abstract

Cultural comparisons enjoy increasing popularity in economics. Since cul- tural comparison must abandon random allocation to treatments, it is unclear whether differences found between countries can be attributed to country characteristics or are merely driven by differences in subject pools. In experiments in two Chinese cities and at two campuses in Ethiopia, we show that within-country differences are negligible. Differences between the two countries, on the other hand, are large.

Item Type:	Journal article
Publication Title:	Theory and Decision
Creators:	Vieider, F.M., Chmura, T., Fisher, T., Kusakawa, T., Martinsson, P., Thompson, F.M. and Sunday, A.
Publisher:	Springer
Date:	February 2015
Volume:	78
Number:	2
ISSN:	0040-5833
Identifiers:	Number Type 10.1007/s11238-014-9418-3 DOI
Rights:	© Springer Science+Business Media New York 2014.
Divisions:	Schools > Nottingham Business School
Record created by:	Linda Sullivan
Date Added:	23 Apr 2018 11:51
Last Modified:	24 Apr 2018 07:42
URI:	https://irep.ntu.ac.uk/id/eprint/33294

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