Showing 1 - 10 of 44
increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …
Persistent link: https://www.econbiz.de/10011731884
take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …
Persistent link: https://www.econbiz.de/10011880595
form of risk taking aimed at regaining rank, and it is the engagement in risk-taking behavior that is the cause of an … standing) and stress, do not refer to risk taking at all. We present four strands of research that lend support to our …, individuals resort to risk-taking behavior aimed at regaining their lost rank; evidence that there exists a link between …
Persistent link: https://www.econbiz.de/10014545099
We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …
Persistent link: https://www.econbiz.de/10012389043
about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …
Persistent link: https://www.econbiz.de/10014319143
We use panel data from El Salvador and investigate the intra-household allocation of labor as a risk-coping strategy …
Persistent link: https://www.econbiz.de/10003656903
In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … just improve the allocation of risk at the individual level, but also have implications for the allocation of risk at the … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes …
Persistent link: https://www.econbiz.de/10003760281
, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … determining the cyclical properties of labor market risk. -- Life-cycle risk ; uncertainty fluctuations ; business cycle …
Persistent link: https://www.econbiz.de/10003896465
policy relevant outcomes and policy effects, that of the wage premia for fatal injury risk. Estimates of the overall hedonic …
Persistent link: https://www.econbiz.de/10008688722
in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …
Persistent link: https://www.econbiz.de/10008688857