Within - versus between - country differences in risk attitudes: implications for cultural comparisonsVieider, F. M., Chmura, T., Fisher, T., Kusakawa, T., Martinsson, P., Mattison Thompson, F. and Sunday, A. (2015) Within - versus between - country differences in risk attitudes: implications for cultural comparisons. Theory and Decision, 78 (2). pp. 209-218. ISSN 1573-7187 Full text not archived in this repository. It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. To link to this item DOI: 10.1007/s11238-014-9418-3 Abstract/SummaryCultural comparisons enjoy increasing popularity in economics. Since cultural comparison must abandon random allocation to treatments, it is unclear whether differences found between countries can be attributed to country characteristics or are merely driven by differences in subject pools. In experiments in two Chinese cities and at two campuses in Ethiopia, we show that within-country differences are negligible. Differences between the two countries, on the other hand, are large.
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