Selina Bruns|Daniel Hermann|Oliver Mußhoff
Investigating inconsistencies in complex lotteries: The role of cognitive skills of low-numeracy subjects
University of Göttingen|University of Göttingen|University of Göttingen
comprehension risk elicitation tasks crucial otherwise results rather noisy reliable one prominent riskelicitation tool holt laury task hltask particularly prone noisy outcome indicated high inconsistency levels used among lowliteracy subjects yet unclear drives inconsistencies note investigate hltask inconsistency levels 247 smallholder farmers rural cambodia cognitive skills measured ravens progressive matrices rpm statistically significant determinant inconsistency levels second step analysis reveals cognitive skills statistically significant explanation inconsistency levels men women results suggest researchers conduct comprehensive pretest aiming using abstract riskelicitation methods among lownumeracy subjects field