Cited by 2,400Decision-Making and Behavioral EconomicsFinancial Literacy, Pension, Retirement AnalysisExperimental Behavioral Economics Studies

The DOI matches its Crossref record; 48 of the 53 references it cites were found in a registry or an index.

Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study

Barsky, R. B., Juster, F. T., Kimball, M. S., Shapiro, M. D.·1997·The Quarterly Journal of Economics

DOI 10.1162/003355397555280

Open this paper in CoChat — free account

Abstract

This paper reports measures of preference parameters relating to risk tolerance, time preference, and intertemporal substitution. These measures are based on survey responses to hypothetical situations constructed using an economic theorist's concept of the underlying parameters. The individual measures of preference parameters display heterogeneity. Estimated risk tolerance and the elasticity of intertemporal substitution are essentially uncorrelated across individuals. Measured risk tolerance is positively related to risky behaviors, including smoking, drinking, failing to have insurance, and holding stocks rather than Treasury bills. These relationships are both statistically and quantitatively significant, although measured risk tolerance explains only a small fraction of the variation of the studied behaviors.

Integrity signals

Registry

Crossref · 10.1162/003355397555280

Cites

48 of 48 references verified0 citation errors · 0 not checkable

Statistics

Recomputing p-values needs the paper’s full text.

Claims the paper makes

This paper’s full text isn’t openly available, so its claims and self-check weren’t run. The registry and citation checks still apply.

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

Prospect Theory: An Analysis of Decision under Risk
Kahneman, D., & Tversky, A. (1979) · Econometrica · doi:10.2307/1914185 · Cited by 48,524
Prospect theory: An analysis of decision under risk
Kahneman, D. J., & Tversky, A. (1988) · Cambridge University Press eBooks · doi:10.1017/cbo9780511609220.014 · Cited by 32,720
Judgment under Uncertainty: Heuristics and Biases
Tversky, A., & Kahneman, D. (1975) · Utility, Probability, and Human Decision Making · doi:10.1007/978-94-010-1834-0_8 · Cited by 22,650
The Framing of Decisions and the Psychology of Choice
Tversky, A., & Kahneman, D. (1981) · Science · doi:10.1126/science.7455683 · Cited by 18,497
Status quo bias in decision making
Samuelson, W., & Zeckhauser, R. (1988) · Journal of Risk and Uncertainty · doi:10.1007/bf00055564 · Cited by 5,897
The equity premium: A puzzle
Mehra, R., & Prescott, E. C. (1985) · Journal of Monetary Economics · doi:10.1016/0304-3932(85)90061-3 · Cited by 5,764
Judgment Under Uncertainty: Heuristics and Biases.
Shafer, G. R., Kahnerman, D., Slovic, P., & Tversky, A. (1984) · Journal of the American Statistical Association · doi:10.2307/2288362 · Cited by 5,658
By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior
Campbell, J. Y., & Cochrane, J. H. (1999) · Journal of Political Economy · doi:10.1086/250059 · Cited by 5,210
Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
Epstein, L. G., & Zin, S. E. (1989) · Econometrica · doi:10.2307/1913778 · Cited by 4,046
Theory of the Consumption Function
Friedman, M. (1957) · doi:10.1515/9780691188485 · Cited by 3,335

Show all 53 references

Research works printed but not linked: 7

Barsky Robert B, 1989, American Economic Review, 1132
10.2466/PR0.69.7.1047-1057 · DOI
Grossman Sanford, 1981, American Economic Review, 222
Kahneman Daniel, 1981, Science, 453
Loewenstein George, 1991, American Economic Review Papers and Proceedings, 347
1972, Journal of Personality and Social Psychology, 128
Viscusi W. Kip, 1990, American Economic Review, 353

Sorted by citations

Items 501–600 of 998

On consumers' attitudes and willingness to pay for improved drinking water quality and infrastructure
Tanellari, E., Bosch, D. J., Boyle, K., & Mykerezi, E. (2014) · Water Resources Research · doi:10.1002/2013wr014934 · Cited by 55
Diminishing Willingness to Pay per Quality‐Adjusted Life Year: Valuing Acute Foodborne Illness
Haninger, K., & Hammitt, J. K. (2011) · Risk Analysis · doi:10.1111/j.1539-6924.2011.01617.x · Cited by 59
Risk preference, risk perception as predictors of risky driving behaviors: the moderating effects of gender, age, and driving experience
Jing, L., Shan, W., & Zhang, Y. (2022) · Journal of Transportation Safety & Security · doi:10.1080/19439962.2022.2086953 · Cited by 54
Gender Differences in Wealth at Retirement
Neelakantan, U., & Chang, Y. (2010) · American Economic Review · doi:10.1257/aer.100.2.362 · Cited by 54
Estimates of use and costs of behavioural health care: a comparison of standard and finite mixture models.
Deb, P., & Holmes, A. (2000) · Health Economics · doi:10.1002/1099-1050(200009)9:6 · Cited by 128
The Risk Attitudes of U.S. Farmers
Roe, B. E. (2015) · Applied Economic Perspectives and Policy · doi:10.1093/aepp/ppv022 · Cited by 54
Why Are University Endowments Large and Risky?
Gilbert, T., & Hrdlicka, C. M. (2015) · Review of Financial Studies · doi:10.1093/rfs/hhv031 · Cited by 54
The coskewness puzzle
Potì, V., & Wang, D. (2009) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2009.12.003 · Cited by 54
Illegal Sports BookmakersPreprint
Strumpf, K. (2003) · RePEc: Research Papers in Economics · Cited by 52
The welfare implications of increasing disability insurance benefit generosity
Bound, J., Cullen, J. B., Nichols, A., & Schmidt, L. (2003) · Journal of Public Economics · doi:10.1016/j.jpubeco.2003.07.007 · Cited by 53
HOW SENSITIVE ARE RETIREMENT DECISIONS TO FINANCIAL INCENTIVES? A STATED PREFERENCE ANALYSIS
van Soest, A., & Voňková, H. (2013) · Journal of Applied Econometrics · doi:10.1002/jae.2313 · Cited by 53
Math or Science? Using Longitudinal Expectations Data to Examine the Process of Choosing a College Major
Stinebrickner, T. R., & Stinebrickner, R. (2011) · National Bureau of Economic Research · doi:10.3386/w16869 · Cited by 53
Who Are the Hand-to-Mouth?
Aguiar, M., Bils, M., & Boar, C. (2020) · National Bureau of Economic Research · doi:10.3386/w26643 · Cited by 52
Trust, risk and time preferences: evidence from survey data
Albanese, G., de Blasio, G., & Sestito, P. (2017) · International Review of Economics · doi:10.1007/s12232-017-0282-7 · Cited by 52
Characteristics associated with COVID-19 vaccine hesitancy
Borga, L. G., Clark, A. E., D’Ambrosio, C., & Lepinteur, A. (2022) · Scientific Reports · doi:10.1038/s41598-022-16572-x · Cited by 52
Looking ahead: Subjective time perception and individual discounting
Bradford, W., Dolan, P., & Galizzi, M. (2019) · Journal of Risk and Uncertainty · doi:10.1007/s11166-019-09298-1 · Cited by 52
Risk Preference and Employment Contract Type
Brown, S., Farrell, L., Harris, M. N., & Sessions, J. G. (2006) · Journal of the Royal Statistical Society Series A (Statistics in Society) · doi:10.1111/j.1467-985x.2006.00424.x · Cited by 52
Myopic loss aversion and stock investments: An empirical study of private investors
Lee, B., & Veld‐Merkoulova, Y. V. (2016) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2016.04.008 · Cited by 58
Illegal migration and consumption behavior of immigrant households
FASANI, F., Dustmann, C., & Speciale, B. (2016) · Queen Mary Research Online (Queen Mary University of London) · Cited by 52
Stock market expectations and risk aversion of individual investors
Lee, B., Rosenthal, L., Veld, C., & Veld‐Merkoulova, Y. V. (2015) · International Review of Financial Analysis · doi:10.1016/j.irfa.2015.05.011 · Cited by 52
UNDERSTANDING HETEROGENEITY IN PRICE ELASTICITIES IN THE DEMAND FOR ALCOHOL FOR OLDER INDIVIDUALS
Ayyagari, P., Deb, P., Fletcher, J. M., Gallo, W. T., & Sindelar, J. L. (2011) · Health Economics · doi:10.1002/hec.1817 · Cited by 50
What Is Really Behavioral in Behavioral Health Policy? And Does It Work?
Galizzi, M. M. (2014) · Applied Economic Perspectives and Policy · doi:10.1093/aepp/ppt036 · Cited by 52
Saving rates and portfolio choice with subsistence consumption
Achury, C., Hubar, S., & Koulovatianos, C. (2011) · Review of Economic Dynamics · doi:10.1016/j.red.2011.01.002 · Cited by 53
Growth and agglomeration in the heterogeneous space: A generalized AK approach
Raouf Boucekkine, B., Fabbri, G., Federico, S., & Gozzi, F. (2019) · Archivio istituzionale della ricerca (Alma Mater Studiorum Università di Bologna) · doi:10.1093/jeg/lby041 · Cited by 51
The risk elicitation puzzle revisited: Across-methods (in)consistency?
Holzmeister, F., & Stefan, M. (2020) · Experimental Economics · doi:10.1007/s10683-020-09674-8 · Cited by 60
Subjective Measures of Risk Aversion and Portfolio ChoicePreprint
Kapteyn, A., & Teppa, F. (2002) · RePEc: Research Papers in Economics · Cited by 51
The Long-Term-Care Insurance Puzzle: Modeling and Measurement
Ameriks, J., Briggs, J., Caplin, A., Shapiro, M. D., & Tonetti, C. (2016) · National Bureau of Economic Research · doi:10.3386/w22726 · Cited by 51
Self-citation
Millionaires speak: What drives their personal investment decisions?
Bender, S., Choi, J. J., Dyson, D., & Robertson, A. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.09.016 · Cited by 51
Gender and Dynamic Agency: Theory and Evidence on the Compensation of Top Executives
Stefania Albanesi, Y., Claudia Olivetti, Z., & Prados, M. (2015) · Emerald Group Publishing Limited eBooks · doi:10.1108/s0147-912120150000042001 · Cited by 50
Divorce as risky behavior
Light, A. L., & Ahn, T. (2010) · Demography · doi:10.1007/bf03213732 · Cited by 47
A Model of Income Insurance and Social NormsPreprint
Lindbeck, A., & Persson, M. (2006) · SSRN Electronic Journal · doi:10.2139/ssrn.892735 · Cited by 50
The Interaction of Public and Private Insurance: Medicaid and the Long-Term Care Insurance Market
Brown, J. R., & Finkelstein, A. N. (2004) · National Bureau of Economic Research · doi:10.3386/w10989 · Cited by 50
Quantifying the economic benefits of personal financial planning
Hanna, S. D., & Lindamood, S. (2010) · Financial Services Review · doi:10.61190/fsr.v19i2.4968 · Cited by 49
Risk preferences in multi-period consumption models, the equity premium puzzle, and habit formation utility
Meyer, D. J., & Meyer, J. (2005) · Journal of Monetary Economics · doi:10.1016/j.jmoneco.2004.09.004 · Cited by 48
Income and Health in Tanzania. An Instrumental Variable Approach
Fichera, E., & Savage, D. (2014) · World Development · doi:10.1016/j.worlddev.2014.09.016 · Cited by 49
The Nonequivalent Health of High School Equivalents
Zajacova, A., & Everett, B. G. (2013) · Social Science Quarterly · doi:10.1111/ssqu.12039 · Cited by 50
HETEROGENEITY IN STATE‐DEPENDENT UTILITY: EVIDENCE FROM STRATEGIC SURVEYS
Brown, J. R., Goda, G. S., & McGarry, K. M. (2015) · Economic Inquiry · doi:10.1111/ecin.12313 · Cited by 49
The impact of interlocking directorates on innovation: the effects of business and social ties
Hernández‐Lara, A. B., & Gonzales-Bustos, J. P. (2018) · Management Decision · doi:10.1108/md-11-2017-1186 · Cited by 52
Economic and behavioral factors in an individual's decision to take the influenza vaccination in Japan
Tsutsui, Y., Ben‐Zion, U., & Shahrabani, S. (2012) · The Journal of Socio-Economics · doi:10.1016/j.socec.2012.05.001 · Cited by 49
The Grable and Lytton risk-tolerance scale
Kuzniak, S. F., Rabbani, A. G., Heo, W., Ruiz‐Menjivar, J., & Grable, J. E. (2015) · Financial Services Review · doi:10.61190/fsr.v24i2.3240 · Cited by 49
Your Money or Your Life: Managing Health, Managing Money
Grafova, I. B. (2007) · Journal of Family and Economic Issues · doi:10.1007/s10834-007-9060-0 · Cited by 49
Siblings, Not Triplets: Social Preferences for Risk, Inequality and Time in Discounting Climate Change
Atkinson, G., Dietz, S., Helgeson, J., Hepburn, C., & Sælen, H. (2009) · Economics · doi:10.5018/economics-ejournal.ja.2009-26 · Cited by 110
Local Culture and Dividends
Ucar, E. (2015) · Financial Management · doi:10.1111/fima.12118 · Cited by 48
Do Market Returns Influence Risk Tolerance? Evidence from Panel Data
Yao, R., & Curl, A. (2011) · Journal of Family and Economic Issues · doi:10.1007/s10834-010-9223-2 · Cited by 50
THE SHARPE RATIO AND PREFERENCES: A PARAMETRIC APPROACH
Martin Lettau, A., & Uhlig, H. (2002) · Macroeconomic Dynamics · doi:10.1017/s1365100502031036 · Cited by 44
Choice of Mortgage Contracts: Evidence from the Survey of Consumer Finances
Coulibaly, B., & Li, G. (2007) · Finance and Economics Discussion Series · doi:10.17016/feds.2007.50 · Cited by 47
Wishful Thinking and IT Threat Avoidance: An Extension to the Technology Threat Avoidance Theory
Chen, D. Q., & Liang, H. (2019) · IEEE Transactions on Engineering Management · doi:10.1109/tem.2018.2835461 · Cited by 47
Stockholding in France: the role of financial literacy and information
Arrondel, L., Debbich, M., & Savignac, F. (2015) · Applied Economics Letters · doi:10.1080/13504851.2015.1026578 · Cited by 47
Is risk attitude outcome specific within the health domain?
Pol, M. M. V. D., & Ruggeri, M. (2007) · Journal of Health Economics · doi:10.1016/j.jhealeco.2007.10.002 · Cited by 49
Behavioral Economics Matters for HIV Research: The Impact of Behavioral Biases on Adherence to Antiretrovirals (ARVs)
Linnemayr, S., & Stecher, C. D. (2015) · AIDS and Behavior · doi:10.1007/s10461-015-1076-0 · Cited by 51
The relation between religiosity and private bank outcomes
Cantrell, B. W., & Yust, C. G. (2018) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2018.04.009 · Cited by 47
Interdependency among addictive behaviours and time/risk preferences: Discrete choice model analysis of smoking, drinking, and gambling
Ida, T., & Goto, R. (2009) · Journal of Economic Psychology · doi:10.1016/j.joep.2009.05.003 · Cited by 50
Risk Aversion and Wealth: Evidence from Person-to-Person Lending PortfoliosPreprint
Paravisini, D., Rappoport, V., & Ravina, E. (2009) · SSRN Electronic Journal · doi:10.2139/ssrn.1507902 · Cited by 47
Health and Mortality Delta: Assessing the Welfare Cost of Household Insurance Choice
Koijen, R. S. J., Nieuwerburgh, S. V., & Yogo, M. (2011) · National Bureau of Economic Research · doi:10.3386/w17325 · Cited by 47
Harnessing the uncertainty monster: Putting quantitative constraints on the intergenerational social discount rate
Lewandowsky, S., Freeman, M., & MANN, M. E. (2017) · Global and Planetary Change · doi:10.1016/j.gloplacha.2017.03.007 · Cited by 45
The formation of physician altruism
Attema, A. E., Galizzi, M. M., Groß, M., Hennig‐Schmidt, H., Karay, Y., L’Haridon, O., & Wiesen, D. (2022) · Journal of Health Economics · doi:10.1016/j.jhealeco.2022.102716 · Cited by 47
A systematic review of investment confidence, risk appetite and dependence status of women
Sharma, M. R., Nanda, S., & Gupta, S. (2024) · International Journal of Systems Assurance Engineering and Management · doi:10.1007/s13198-024-02295-x · Cited by 46
The elasticity of intertemporal substitution: New evidence from 401(k) participation
Engelhardt, G. V., & Kumar, A. (2009) · Economics Letters · doi:10.1016/j.econlet.2009.01.010 · Cited by 46
Financial competence, overconfidence, and trusting investments: Results from an experiment
McCannon, B. C., Asaad, C., & Wilson, M. (2016) · Journal of Economics and Finance · doi:10.1007/s12197-015-9328-4 · Cited by 48
Constrained non-concave utility maximization: An application to life insurance contracts with guarantees
Chen, A., Hieber, P., & Nguyen, T. (2018) · European Journal of Operational Research · doi:10.1016/j.ejor.2018.09.002 · Cited by 43
Seasonally Varying Preferences: Theoretical Foundations for an Empirical Regularity
Kamstra, M., Kramer, L. A., Levi, M. D., & Tan, W. (2014) · The Review of Asset Pricing Studies · doi:10.1093/rapstu/rau002 · Cited by 41
Business Continuity
Speight, P. (2011) · Journal of Applied Security Research · doi:10.1080/19361610.2011.604021 · Cited by 46
An Experimental Study of Financial Portfolio Selection with Visual Analytics for Decision Support
Savikhin, A., Lam, H., Fisher, B., & Ebert, D. S. (2011) · Hawaii International Conference on System Sciences (HICSS) · doi:10.1109/hicss.2011.54 · Cited by 44
Prospect Theory and Insurance Demand
Hwang, I. D. (2015) · Journal of Behavioral and Experimental Economics · doi:10.1016/j.socec.2021.101764 · Cited by 79
On the role of monetary incentives in risk preference elicitation experiments
Hackethal, A., Kirchler, M., Laudenbach, C., Razen, M., & Weber, A. (2022) · Journal of Risk and Uncertainty · doi:10.1007/s11166-022-09377-w · Cited by 50
Credit card behavior as a function of impulsivity and mother’s socialization factors
Henegar, J. M., Archuleta, K. L., Grable, J. E., Britt, S. L., Anderson, N., & Dale, A. K. (2013) · K-State Research Exchange (Kansas State University) · Cited by 45
Bequest Motives and Determinants of Micro Life Insurance in Sri Lanka
Arun, T. G., Bendig, M., & Arun, S. (2012) · World Development · doi:10.1016/j.worlddev.2012.04.010 · Cited by 45
Cognitive function is associated with risk aversion in community-based older persons
Boyle, P. A., Yu, L., Buchman, A. S., Laibson, D., & Bennett, D. A. (2011) · BMC Geriatrics · doi:10.1186/1471-2318-11-53 · Cited by 47
Performance Pay and Workplace Injury: Panel Evidence
Artz, B., & Heywood, J. S. (2015) · Economica · doi:10.1111/ecca.12153 · Cited by 47
Residential mobility and job changes under uncertainty
Kan, K. (2003) · Journal of Urban Economics · doi:10.1016/s0094-1190(03)00086-x · Cited by 45
Risk management and wealth accumulation behavior in France
Arrondel, L. (2002) · Economics Letters · doi:10.1016/s0165-1765(01)00528-6 · Cited by 45
Women and risk tolerance in an aging world
Faff, R. W., Hallahan, T. A., & McKenzie, M. D. (2011) · International Journal of Accounting and Information Management · doi:10.1108/18347641111136427 · Cited by 45
Personality Characteristics and the Decision to Become and Stay Self-EmployedPreprint
Caliendo, M., Fossen, F. M., & Kritikos, A. S. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1846400 · Cited by 46
Precautionary Saving and Consumption Smoothing Across Time and Possibilities
Kimball, M., & Weil, P. (1992) · National Bureau of Economic Research · doi:10.3386/w3976 · Cited by 45
Self-citation
Growth-Rate and Uncertainty Shocks in Consumption: Cross-Country Evidence
Nakamura, E., Sergeyev, D., & Steinsson, J. (2012) · National Bureau of Economic Research · doi:10.3386/w18128 · Cited by 47
The Role of Risk Aversion in Predicting Individual BehavioursPreprint
Guiso, L., & Paiella, M. (2004) · RePEc: Research Papers in Economics · Cited by 45
Subjective Intertemporal SubstitutionPreprint
Crump, R. K., Stefano Eusepi, Y., Tambalotti, A., & Topa, G. (2015) · SSRN Electronic Journal · doi:10.2139/ssrn.2646077 · Cited by 45
Misinformed and informed asset allocation decisions of self-directed retirement plan members
Bhandari, G., & Deaves, R. (2008) · Journal of Economic Psychology · doi:10.1016/j.joep.2007.12.003 · Cited by 44
RISK PREFERENCES AND THE INVESTMENT DECISIONS OF OLDER AMERICANS
Bajtelsmit, V. L., & Bernasek, A. (2001) · Cited by 44
A test of traditional and psychometric relative risk tolerance measures on household financial risk taking
Grable, J. E., Lyons, A. C., & Heo, W. (2019) · Finance research letters · doi:10.1016/j.frl.2019.03.012 · Cited by 44
Happiness as a Driver of Risk‐avoiding Behaviour: Theory and an Empirical Study of Seatbelt Wearing and Automobile Accidents
Goudie, R. J. B., Mukherjee, S., Jan-emmanuel De Neve, A., Oswald, A. J., & Wu, S. (2014) · Economica · doi:10.1111/ecca.12094 · Cited by 66
An experimental investigation of imprecision attitude and its relation with risk attitude and impatience
Cohen, M. D., Tallon, J., & Vergnaud, J. (2010) · Theory and Decision · doi:10.1007/s11238-010-9205-8 · Cited by 42
Measuring Risk Aversion
Meyer, D. J., & Meyer, J. (2006) · Foundations and Trends® in Microeconomics · doi:10.1561/0700000006 · Cited by 44
Income and Consumption: A Micro Semistructural Analysis with Pervasive Heterogeneity
Alan, Ş., Browning, M., & Ejrnæs, M. (2018) · Journal of Political Economy · doi:10.1086/699186 · Cited by 44
Self‐Directed Pensions: Gender, Risk, and Portfolio Choices*
Säve‐Söderbergh, J. (2012) · Scandinavian Journal of Economics · doi:10.1111/j.1467-9442.2012.01710.x · Cited by 44
Education and health: evidence on adults with diabetes
Ayyagari, P., Grossman, D. S., & Sloan, F. A. (2011) · International Journal of Health Care Finance and Economics · doi:10.1007/s10754-010-9087-x · Cited by 47
Mobility, risk tolerance and competence to manage risks
Williams, A. M., & Baláž, V. (2013) · Journal of Risk Research · doi:10.1080/13669877.2013.841729 · Cited by 43
Estimating risky behavior with multiple-item risk measures
Menkhoff, L., & Sakha, S. (2017) · Journal of Economic Psychology · doi:10.1016/j.joep.2017.02.005 · Cited by 43
Risk Attitudes and Household Migration Decisions
Dustmann, C., Fasani, F., Meng, X., & Minale, L. (2020) · The Journal of Human Resources · doi:10.3368/jhr.58.3.1019-10513r1 · Cited by 43
How Much Does Risk Tolerance Change?
Sahm, C. (2007) · Finance and Economics Discussion Series · doi:10.17016/feds.2007.66 · Cited by 43
The Concept of Risk Tolerance in Personal Financial PlanningPreprint
Hanna, S. D., Waller, W., & Finke, M. S. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1923409 · Cited by 47
What is an adequate standard of living during Retirement?
Binswanger, J., & Schunk, D. (2011) · Journal of Pensions Economics and Finance · doi:10.1017/s1474747211000618 · Cited by 125
Austerity in the Aftermath of the Great Recession
House, C., Proebsting, C., & Tesar, L. L. (2017) · National Bureau of Economic Research · doi:10.3386/w23147 · Cited by 42
A Telescope on society: survey research and social science at the University of Michigan and beyond
(2004) · Choice Reviews Online · doi:10.5860/choice.42-2287 · Cited by 42
Economic preferences and obesity among a low-income African American community
de Oliveira, A. C. M., Leonard, T., Shuval, K., Skinner, C. S., Eckel, C. C., & Murdoch, J. C. (2015) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2015.11.002 · Cited by 41
Parental risk attitudes and children's secondary school track choice
Wölfel, O., & Heineck, G. (2012) · Economics of Education Review · doi:10.1016/j.econedurev.2012.05.004 · Cited by 41
What is an Adequate Standard of Living during Retirement?Preprint
Binswanger, J., & Schunk, D. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1275702 · Cited by 41
Stereotypes and false consensus: How financial professionals predict risk preferences
Roth, B., & Voskort, A. (2014) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2014.05.006 · Cited by 47
Interdependency Among Addictive Behaviours and Time/Risk Preferences: Discrete Choice Model Analysis of Smoking, Drinking, and Gambling
Ida, T., & Goto, R. (2016) · Springer eBooks · doi:10.1007/978-4-431-55402-8_7 · Cited by 41
Individual Risk Preference and Sector Choice: Are Risk-Averse Individuals More Likely to Choose Careers in the Public Sector?
Dong, H.-K. D. (2014) · Administration & Society · doi:10.1177/0095399714556500 · Cited by 40

Authors: Barsky, R. B., Juster, F. T., Kimball, M. S., & Shapiro, M. D.
Affiliations: National Bureau of Economic Research (US)
ORCID: Kimball, M. S.
Venue: The Quarterly Journal of Economics
Publisher: Oxford University Press (OUP)
Published: 1997-05-01
Volume: 112
Issue: 2
Pages: 537-579
ISSN: 0033-5533 (ISSN-L)
1531-4650
DOI: 10.1162/003355397555280
OpenAlex: W2137296414
Cited by: 2,400
References: 53
Citations by year: 2026: 47 · 2025: 81 · 2024: 105 · 2023: 81 · 2022: 91 · 2021: 91 · 2020: 92 · 2019: 118 · 2018: 107 · 2017: 94 · 2016: 118 · 2015: 124 · 2014: 99 · 2013: 141 · 2012: 121
FWCI: 12.84
Type: journal article
Language: en
Open access: closed
Locations: The Quarterly Journal of Economics (publishedVersion)
RePEc: Research Papers in Economics (submittedVersion)
HighWire Press Open Archive (submittedVersion)
Topics: Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Experimental Behavioral Economics Studies
Keywords: risk tolerance, time preference, intertemporal elasticity of substitution, preference heterogeneity, risk-taking, smoking, alcohol consumption, insurance coverage, stock holdings, Health and Retirement Study

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study

Abstract

Overview

Integrity signals

Verification

Claims the paper makes

Claims other papers make about this one

Citations

Cites

Cited by

Related

Metadata

Record

About these checks