Inter-Observer Risk-Tolerance Agreement Between Husbands And Wives

Main Article Content

Joseph W. Goetz
John Gilliam
John E. Grable


Risk Tolerance, Gender, Marital Status, Kappa Test


The purpose of this research was to test the extent to which variability in husbands’ and wives’ self-assessed financial risk can be attributed to variation in risk tolerance or observer bias resulting from measurement error. Using a sample of 188 well-educated married couples, scores from the Survey of Consumer Finances single risk-assessment item were used to evaluate the following null hypothesis: Husbands and wives do not agree on their level of financial risk tolerance. The hypothesis was tested using a percentage agreement test, a Kappa coefficient test, and a chi-square analysis. Findings led to a rejection of the null hypothesis. That is, couples exhibited general agreement in their assessment of financial risk tolerance, although the level of agreement was rather modest.


Download data is not yet available.
Abstract 68 | PDF Downloads 85

Most read articles by the same author(s)