evidence of cartel behavior. Others argue that such limits enhance product quality by preserving amateurism. I find that the …

virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …

This paper reconsiders the wide agreement that females are more risk averse than males providing a leap forward in its …

stereotype of risk averse and less competitive older employees. …

Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper … vocational high school. Accounting for risk does little to change this picture. By contrast, vocational high school is associated …

. Spouses have to choose between risky lotteries, first separately and then jointly. We find that spouses' individual risk …