Depression affects the way that people process information and make decisions, including those involving risk and … uncertainty. Our objective is to analyze the way that depressive episodes shape risk preferences and risk-taking behaviors. We are … the first to address this issue using large-scale, representative panel data that include both behavioral and stated risk …

We estimate the effect of parental separation on the risk and trust attitudes of German adolescents using a large … adolescents from separated families are less trusting but have the same risk tolerance as adolescents from non-separated families …. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …