"P. 550: males somewhat more risk seeking than women. Asians and Hispanics the most risk seeking, blacks and natives less, whites the least. Renarkable because intercultural studies suggest (if I remember well) that Asians are less risk seeking. Then, Asians in US ¹ Asians in Asia? Jews are most risk seeking, then Catholics, then protestants. Western US-ers are more risk seeking than others. Barsky, Robert B., F. Thomas Juster, Miles S. Kimball, & Matthew D. Shapiro (1997), “Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study,” Quarterly Journal of Economics 112, 537–579." Robert B. Barsky; F. Thomas Juster; Miles S. Kimball; Matthew D. Shapiro The Quarterly Journal of Economics, Vol. 112, No. 2, In Memory of Amos Tversky (1937-1996). (May, 1997), pp. 537-579. "There are noticeable differences in risk tolerance by the race and religion of the respondent. Whites are the least risk tolerant, blacks and Native Americans somewhat more risk tolerant, and Asians and Hispanics the most risk tolerant. [...] Risk tolerance also varies significantly by religion. Protestants are the least risk tolerant, and Jews the most. In risk tolerance Catholics are about halfway between Protestants and Jews." Asians and Hispanics and Jews are risk seeking (especially Asian)

Most Cited Publications

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