Showing 1 - 10 of 33
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10008562538
We estimate structural models of guilt aversion to measure the population level of willingness to pay (WTP) to avoid feeling guilt by letting down another player. We compare estimates of WTP under the assumption that higher-order beliefs are in equilibrium (i.e. consistent with the choice...
Persistent link: https://www.econbiz.de/10008562544
This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express adults’ willingness to pay for changes in child...
Persistent link: https://www.econbiz.de/10005822923
workers' decisions concerning exposure to fatal injury risk there is no statistically significant divergence between … in tradeoff rates for increases and decreases in risk. An important implication for policy is that it is reasonable to …
Persistent link: https://www.econbiz.de/10011096076
We measure willingness to pay for privacy in a field experiment. Participants were given the choice to buy a maximum of one DVD from one of two online stores. One store consistently required more sensitive personal data than the other, but otherwise the stores were identical. In one treatment,...
Persistent link: https://www.econbiz.de/10008557221
stereotype of risk averse and less competitive older employees. …
Persistent link: https://www.econbiz.de/10010884197
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 …
Persistent link: https://www.econbiz.de/10010960122
We investigate how emigration flows from a developing region are affected by xenophobic violence at destination. Our empirical analysis is based on a unique survey among more than 1000 households, collected in Mozambique in summer 2008, a few months after a series of xenophobic attacks in South...
Persistent link: https://www.econbiz.de/10009283587
This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more … the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch … university graduates provides evidence which supports this contention. It thereby raises the possibility that even risk …
Persistent link: https://www.econbiz.de/10009395440
assess heritability in attitudes towards economic risk, and the extent to which this heritability differs between males and … risk are moderately heritable, with about 20 percent of the variation in these attitudes across individuals being linked to …) and Zhong, Chew, Set, Zhang, Xue, Sham, Ebstein and Israel (2009). While females are more risk averse than males, there is …
Persistent link: https://www.econbiz.de/10008466471