Risk Preference vs. Income + Spending

DOI

10.2991/978-94-6463-198-2_84How to use a DOI?

Keywords

risk preference; risk level; total income; expenditure; model fitting and data analysis

Abstract

This paper provides a detailed explanation of categories of risk preference and classification of the risk level. Also, the evidence of how the main variables react to risk preference. Our analysis is based on the 2018 CFPS family samples and personal panel. Adopting Stata analysis technology, and using it in the influence assessment of all variables. Our consequences illustrate the impact of risk preference is complicated because multiple variables affect risk preference together and these influences are significant in acceptable ranges. Likewise, some robust examinations are stable and acceptable.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Teng Zeng
PY  - 2023
DA  - 2023/08/10
TI  - Risk Preference vs. Income + Spending
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 808
EP  - 826
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_84
DO  - 10.2991/978-94-6463-198-2_84
ID  - Zeng2023
ER  -