| KRČÁL, Ondřej, Rostislav STANĚK a Martin SLANICAY. Made for the job or by the job? A lab-in-the-field experiment with firefighters. Research in Economics. Elsevier, 2019, roč. 73, č. 4, s. 271-276. ISSN 1090-9443. Dostupné z: https://dx.doi.org/10.1016/j.rie.2019.08.001. |
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@article{1557436,
author = {Krčál, Ondřej and Staněk, Rostislav and Slanicay, Martin},
article_number = {4},
doi = {http://dx.doi.org/10.1016/j.rie.2019.08.001},
keywords = {risk preferences; high-risk occupations; self-selection; lab-in-the-field experiment},
language = {eng},
issn = {1090-9443},
journal = {Research in Economics},
title = {Made for the job or by the job? A lab-in-the-field experiment with firefighters},
url = {https://www.sciencedirect.com/science/article/pii/S1090944319302704?via%3Dihub},
volume = {73},
year = {2019}
}
TY - JOUR
ID - 1557436
AU - Krčál, Ondřej - Staněk, Rostislav - Slanicay, Martin
PY - 2019
TI - Made for the job or by the job? A lab-in-the-field experiment with firefighters
JF - Research in Economics
VL - 73
IS - 4
SP - 271-276
EP - 271-276
PB - Elsevier
SN - 10909443
KW - risk preferences
KW - high-risk occupations
KW - self-selection
KW - lab-in-the-field experiment
UR - https://www.sciencedirect.com/science/article/pii/S1090944319302704?via%3Dihub
L2 - https://www.sciencedirect.com/science/article/pii/S1090944319302704?via%3Dihub
N2 - 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.
ER -
KRČÁL, Ondřej, Rostislav STANĚK a Martin SLANICAY. Made for the job or by the job? A lab-in-the-field experiment with firefighters. \textit{Research in Economics}. Elsevier, 2019, roč.~73, č.~4, s.~271-276. ISSN~1090-9443. Dostupné z: https://dx.doi.org/10.1016/j.rie.2019.08.001.
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