Made for the job or by the job? A lab-in-the-field experiment with firefighters

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F19%3A00107633" target="_blank" >RIV/00216224:14560/19:00107633 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S1090944319302704?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S1090944319302704?via%3Dihub</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.rie.2019.08.001" target="_blank" >10.1016/j.rie.2019.08.001</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Made for the job or by the job? A lab-in-the-field experiment with firefighters

Popis výsledku v původním jazyce

A large body of evidence supports a negative association between risk aversion of workers and the level of risk they face in their occupations. This relationship could be explained by the self-selection of workers into jobs according to their risk preferences or by the effect on risk attitudes of occupations in which people face or witness dangerous situations. We use incentivized experiments to measure risk preferences among three different groups: experienced firefighters, novice firefighters, and students. We find that experienced firefighters are less risk-averse than novice firefighters, and these in turn are less risk-averse than students. The effects remain significant even after controlling for other relevant differences between these groups. Our findings suggest that the observed relationship between risk aversion and high risk occupations is not only a result of self-selection but also of people’s preferences being shaped by their work lives.

Název v anglickém jazyce

Made for the job or by the job? A lab-in-the-field experiment with firefighters

Popis výsledku anglicky

A large body of evidence supports a negative association between risk aversion of workers and the level of risk they face in their occupations. This relationship could be explained by the self-selection of workers into jobs according to their risk preferences or by the effect on risk attitudes of occupations in which people face or witness dangerous situations. We use incentivized experiments to measure risk preferences among three different groups: experienced firefighters, novice firefighters, and students. We find that experienced firefighters are less risk-averse than novice firefighters, and these in turn are less risk-averse than students. The effects remain significant even after controlling for other relevant differences between these groups. Our findings suggest that the observed relationship between risk aversion and high risk occupations is not only a result of self-selection but also of people’s preferences being shaped by their work lives.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50201 - Economic Theory

Projekt

<a href="/cs/project/GA18-19492S" target="_blank" >GA18-19492S: Vliv kvality bydlení na preference a chování: ekonomické experimenty s účastníky randomizovaného kontrolovaného experimentu</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Research in Economics

ISSN

1090-9443

e-ISSN

—

Svazek periodika

73

Číslo periodika v rámci svazku

4

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

6

Strana od-do

271-276

Kód UT WoS článku

000499127400001

EID výsledku v databázi Scopus

2-s2.0-85071285250