Category: Psychology, Think Tank

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Risk Aversion at the Country Level”

  1. This is Not Science.

    “…data on self-reports of personal well-being from the Gallup World Poll.”

    “The relevant question in the Gallup World Poll reads ‘Please imagine a ladder/mountain with steps numbered from zero at the bottom to ten at the top. Suppose we say that the top of the ladder/mountain represents the best possible life for you and the bottom of the ladder/mountain represents the worst possible life for you. If the top step is 10 and the bottom step is 0, on which step of the ladder/mountain do you feel you personally stand at the present time?’
    The responses to this question constitute our measure of reported well-being, and henceforth we do not distinguish it from happiness.”


  2. [...] Risk aversion at the country level – via The Big Picture [...]