Research
More choices improve behavioral risk measures but surveys remain more reliable
Nature ·
The Brief
- A study reports that behavioural risk measures improve when respondents are offered more choice options.
- The same study finds that surveys remain more reliable than behavioural risk measures.
- The source provided contains only the headline and link, with no summary text.
Why it matters
Researchers who measure risk preferences need to know which elicitation methods give more reliable results, since the choice of method affects study conclusions.
Who’s affected
- behavioural economists and researchers who measure risk preferences
- #risk preferences
- #behavioural economics
- #survey methods
- #measurement reliability
- #choice experiments