Measuring risk appetite in the Portuguese generation Z : an experimental approach

Mestrado Bolonha em EconomiaWe implement a Holt & Laury (2002) Multiple Price List experiment tested on a specific sample of the Portuguese population. By analyzing a sample of 90 Portuguese members of Generation Z, we find that subjects still make risk-averse choices even though we use lottery tickets as a reward. The findings are broadly consistent with previously published implementations of the experiment. We find that females are slightly more risk averse than males, but no statistically significant relationship in other measured factors such as self-reporting of risk attitudes, choice of investment product or knowledge of economics.