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On the Stability of Preferences: Repercussions of Entrepreneurship on Risk Attitudes

Brachert, Mattias; Hyll, Walter - Forschungsbasierte Infrastruktureinrichtung … - 2014

The majority of empirical studies make use of the assumption of stable preferences in searching for a relationship between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is limited. In this paper, we show that entry into...

Persistent link: https://www.econbiz.de/10010896248

Entry into Entrepreneurship, Endogenous Adaption of Risk Attitudes and Entrepreneurial Survival

Brachert, Matthias; Hyll, Walter; Titze, Mirko - Forschungsbasierte Infrastruktureinrichtung … - 2014

Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...

Persistent link: https://www.econbiz.de/10010942875

Measuring Individual Risk Attitudes in the Lab: Task or Ask?: An Empirical Comparison

Lönnqvist, Jan-Erik; Verkasalo, Markku; Walkowitz, Gari; … - Forschungsbasierte Infrastruktureinrichtung … - 2011

This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (forthcoming) - with respect to (a) their within-subject stability over...

Persistent link: https://www.econbiz.de/10009643141

A Theoretical and Experimental Appraisal of Five Risk Elicitation Methods

Crosetto, Paolo; Filippin, Antonio - Forschungsbasierte Infrastruktureinrichtung … - 2013

We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare the elicitation methods in terms of completeness of the range of the estimates as well as their precision, the likelihood of triggering loss aversion, and problems arising when...

Persistent link: https://www.econbiz.de/10010635678

Economic Uncertainty, Parental Selection, and the Criminal Activity of the "Children of the Wall"

Chevalier, Arnaud; Marie, Olivier - Forschungsbasierte Infrastruktureinrichtung … - 2013

that emotional attachment and risk attitudes play important roles in the fertility-crime relationship. Finally, results for …

Persistent link: https://www.econbiz.de/10010818236

Knowledge society and crime: an ambiguous relation

Pelletan, Jacques - Université Paris-Dauphine (Paris IX) - 2013

conditions under which the involvement of a country in a “knowledge society” produces a decrease in crime level. …

Persistent link: https://www.econbiz.de/10011073196

Stealing to Survive : Crime and Income Shocks in 19th Century France

Galbiati, Roberto; Caroli, Eve; Bignon, Vincent - Université Paris-Dauphine (Paris IX) - 2014

Using local administrative data from 1826 to 1936, we document the evolution of crime rates in 19th century France and … we estimate the impact of a negative income shock on crime. Our identification strategy exploits the phylloxera crisis … this shock to identify its impact on property and violent crime rates, as well as minor offences. Our estimates suggest …

Persistent link: https://www.econbiz.de/10010960534

The Effect of Local Crime on Well-Being: Evidence for Germany

Krekel, Christian; Poprawe, Marie L. - Forschungsbasierte Infrastruktureinrichtung … - 2014

This paper investigates the effect of local crime on well-being in Germany, using data from the German Socio …-Economic Panel (SOEP) and a novel data set constructed from official police crime statistics, covering both counties and urban … districts for the time period between 1994 and 2012. We find that local area crime has a significantly negative impact on life …

Persistent link: https://www.econbiz.de/10010896258