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 …

This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing … of cognition. Women are more risk averse than men. Over an initial range, women require no further compensation for the … as men. Psychological variables account for some of the interpersonal variation in risk aversion. They explain none of …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We then use a more … standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …

Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in …