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Imputing Risk Tolerance From Survey Responses

Economic theory assigns a central role to risk preferences. This article develops a measure of relative risk tolerance using responses to hypothetical income gambles in the Health and Retirement Study. In contrast to most survey measures that produce an ordinal metric, this article shows how to cons...

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Detalhes bibliográficos
Main Authors: Kimball, Miles S., Sahm, Claudia R., Shapiro, Matthew D.
Formato: Artigo
Idioma:Inglês
Publicado em: 2008
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC2856097/
https://ncbi.nlm.nih.gov/pubmed/20407599
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1198/016214508000000139
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