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

J 2019

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

KRČÁL, Ondřej, Rostislav STANĚK a Martin SLANICAY

Základní údaje

Originální název

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

Autoři

KRČÁL, Ondřej (203 Česká republika, domácí), Rostislav STANĚK (203 Česká republika, domácí) a Martin SLANICAY (203 Česká republika, domácí)

Vydání

Research in Economics, Elsevier, 2019, 1090-9443

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50201 Economic Theory

Stát vydavatele

Spojené státy

Utajení

není předmětem státního či obchodního tajemství

Odkazy

URL

Kód RIV

RIV/00216224:14560/19:00107633

Organizační jednotka

Ekonomicko-správní fakulta

DOI

http://dx.doi.org/10.1016/j.rie.2019.08.001

UT WoS

000499127400001

Klíčová slova anglicky

risk preferences; high-risk occupations; self-selection; lab-in-the-field experiment

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 27. 4. 2020 14:34, Mgr. Daniela Marcollová

Anotace

V originále

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.

Návaznosti

GA18-19492S, projekt VaV

Název: Vliv kvality bydlení na preference a chování: ekonomické experimenty s účastníky randomizovaného kontrolovaného experimentu

Investor: Grantová agentura ČR, The Effect of Housing on Preferences and Behavior: Lab-in-the-Field Experiments with Participants of a Randomized Controlled Trial

Citovat

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.

@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.

Přehled o publikaci