Experimental literature has found that risk attitudes are not robust to different elicitation techniques.However, most comparisons across elicitation methods involve different rewards and framings simultaneously.Our Puck experimental design helps to disentangle the effect of these two factors.We consider two different personal rewards (money domain and grade Jumper Display domain) and two different scenarios while keeping the reward constant (lottery framing and exam framing).We find no differences in elicited risk aversion between the two domains.
However, framing matters: elicited risk aversion is lower in the exam framing.