TY  - GEN
UR  - https://archiv.ub.uni-heidelberg.de/volltextserver/13630/
KW  - Risk Preferences 
KW  -  Financial Advice 
KW  -  Artefactual Field Experiment 
KW  -  Behavioral Finance
Y1  - 2012///
ID  - heidok13630
AV  - public
TI  - Stereotypes and Risk Attitudes: Evidence from the Lab and the Field
A1  - Leuermann, Andrea
A1  - Roth, Benjamin
N2  - Recent studies have found correlations between risk attitudes and several sociodemographic characteristics. In this paper, we deploy an artefactual fi eld experiment and study whether subjects - non-professionals and  financial professionals - are aware of these correlations. This is largely confi rmed by our results for all subject groups. We show that the subjects attach informational value to sociodemographic information when assessing others' risk attitudes. This provides external validity to the correlations found between risk preferences and sociodemographics. A person's self-assessment of risk attitudes is the most helpful device for the subjects' assessments of others, although experienced professionals make use of it to a minor extent than all other subjects.
ER  -