The role of personal interaction in the assessment of risk attitudes [Dataset]

DOI

Many decisions under uncertainty are delegated to professionals, such as financial advisors or medical doctors, requiring them to assess the risk attitudes of their clients or patients. To gain a better under- standing of the potential factors influencing risk attitude assessments, the current study investigates the role of personal interaction in these assessments. Controlling for information transmitted, we find that personal interaction leads to more risk-averse assessments, but does neither harm nor benefit assess- ments in terms of precision. We replicate previous findings of stereotypes in risk preference predictions, and discuss the influence of the assessor’s own risk attitude on her assessments.

Identifier
DOI https://doi.org/10.11588/data/10082
Related Identifier https://doi.org/10.1016/j.socec.2016.06.004
Metadata Access https://heidata.uni-heidelberg.de/oai?verb=GetRecord&metadataPrefix=oai_datacite&identifier=doi:10.11588/data/10082
Provenance
Creator Roth, Benjamin; Trautmann, Stefan T.; Voskort, Andrea
Publisher heiDATA
Contributor Stefan Trautmann, Bergheimer Str. 58 (Room 01.029) 69115 Heidelberg, Germany Phone: +49 6221 54 2952 Fax: +49 6221 54 3592; Roth, Benjamin; Trautmann, Stefan T.; Voskort, Andrea; heiDATA: Heidelberg Research Data Repository
Publication Year 2016
Rights info:eu-repo/semantics/openAccess
OpenAccess true
Contact Stefan Trautmann, Bergheimer Str. 58 (Room 01.029) 69115 Heidelberg, Germany Phone: +49 6221 54 2952 Fax: +49 6221 54 3592 (Alfred-Weber-Institute of Economics)
Representation
Resource Type behavioral experiment; laboratory; Dataset
Format text/plain; charset=US-ASCII; application/pdf; text/x-stata-syntax; charset=US-ASCII; application/octet-stream; application/zip; text/plain
Size 252; 9472; 2533; 9322; 2446; 11065; 5595; 10682; 5453; 11102; 1490; 2478; 30082; 7426; 28048; 28884; 30630; 27936; 91655; 87404; 981799; 779590; 549885; 10036; 7286; 5205; 619; 1366104
Version 1.1
Discipline Agriculture, Forestry, Horticulture, Aquaculture; Agriculture, Forestry, Horticulture, Aquaculture and Veterinary Medicine; Life Sciences; Social Sciences; Social and Behavioural Sciences; Soil Sciences
Spatial Coverage Germany