We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … mass index, are less likely to save money and show worse conduct at school. Experimental measures for risk and ambiguity …

Does adverse selection hamper the effectiveness of voluntary risk sharing? How do differences in risk profiles affect … vary how risk profiles differ between individuals. We find strong evidence for adverse selection if individuals risk … profiles can be ranked according to first-order stochastic dominance and only little evidence for adverse selection if risk …

the United States, although most of the arguments translate immediately to decision-making in other countries. There are …

individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender … differences in risk attitudes solely to differences in the degree utility curvature, however, our results show that this finding …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment …From the viewpoint of the independence axiom of expected utility theory, an interesting empirical dynamic choice …

This paper explores three aspects of strategic uncertainty: its relation to risk, predictability of behavior and … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … to the global-game solution. Comparing choices in coordination games with revealed risk aversion, we estimate subjective …

This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery … (a) their within-subject stability over time (one year) and (b) their correlation with actual risk-taking behaviour in … correlations with a Big Five personality measure and is correlated with actual risk-taking behaviour. The results suggest that the …

This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to … inferred from decisions regarding hypothetical choice problems, we had participants put their own money at risk in a real … period under delayed resolution (which involved two days). Affective traits and risk attitudes were measured through a web …

An extensive literature has studied ambiguity aversion in economic decision making, and how ambiguity aversion can …