| Abstract: |
We study the difference in the result of two different risk elicitation
methods by linking estimates of risk attitudes to gender, age, personality
traits, a decision in a dilemma situation, and physiological states measured
by heart rate variability (HRV). Our results indicate that differences between
the methods are reflected in a different effect of gender and personality
traits. Furthermore, HRV is linked to risk-taking in the experiment for one of
the methods, suggesting that emotionally more stressed individuals display
more risk aversion. However, we cannot determine if these are significantly
related to the difference on the results of the two methods. Finally, we find
that risk attitudes are not predictive of the ability to decide in a dilemma,
but personality traits are. There is also no apparent relationship between the
physiological state during the dilemma situation and the ability to make a
decision. |