A main prediction of agency theory is the well known risk-incentive trade-off. Incentive contracts should be found in … environments with little uncertainty and for agents with low degrees of risk aversion. There is an ongoing debate in the literature … use of a unique representative data set, we find clear evidence that risk aversion has a highly significant and …

sizable effect of risk on accumulation and pronounced interactions between wealth and risk. The presented evidence is …

We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on … behavior resulting in participants requiring higher compensation to bear risk. …

risk aversion and remittance behavior. Risk-averse individuals are more likely to send remittances home and are, on average … a "purchase of self-insurance" motive to remit, we also provide evidence of more remittances sent by risk averse …

Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk …

Do more risk loving migrants opt for self-employment? This is a question especially relevant for policymakers designing …-adjusted measure of risk preferences in the domain of work to investigate the link between risk aversion and entrepreneurship in … significant negative relationship between risk aversion and entrepreneurship. In addition, our results show that the use of …

competitiveness and risk, this paper investigates whether these behavioral biases and preferences explain gender differences in … and overconfidence, but not risk aversion, is systematically related with expectations about future earnings: individuals …

Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is … employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and …. Entrepreneurs are only found to be unique in their lower degree of loss aversion, and not in their risk or ambiguity aversion. This …

This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and … representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which … child becomes older. These findings show that parenthood leads to considerable changes in individual risk attitudes over …

social preferences, preferences for competition, and risk attitudes. We show that the greater the share of education an … trustworthiness. For risk and competitive preferences, our results are gender-specific. These results have important implications for …