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- W1570407736 abstract "We present results from the first large-scale international survey on risk preferences, conducted in 45 countries. We show substantial cross-country differences in risk aversion, loss aversion and probability weighting. Moreover, risk attitudes in our sample depend not only on economic conditions, but also on cultural factors, as measured by the Hofstede dimensions Individuality and Uncertainty Avoidance. The presented data might also serve as an interesting starting point for further research in cultural economics." @default.
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- W1570407736 date "2011-01-01" @default.
- W1570407736 modified "2023-09-27" @default.
- W1570407736 title "Prospect Theory Around the World" @default.
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- W1570407736 doi "https://doi.org/10.2139/ssrn.1957606" @default.
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