Showing 1 - 10 of 32
-care infrastructure concerning children, which either fosters or restricts a sustainable risk management between family and work in the …
Persistent link: https://www.econbiz.de/10005703675
While there is little doubt that the probability of poor health increases with age, and that less healthy people face a more difficult situation on the labour market, the precise relationship between facing the risks of health deterioration and labour market instability is not well understood....
Persistent link: https://www.econbiz.de/10005012890
This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the … the degree of risk taking depending on the incentives implied by the prize structure they face. I find that they are more …
Persistent link: https://www.econbiz.de/10005822382
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 …
Persistent link: https://www.econbiz.de/10005822413
We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty …
Persistent link: https://www.econbiz.de/10008565192
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions – even those providing the same level of insurance – can lead to …
Persistent link: https://www.econbiz.de/10008926963
This paper examines the links between gender differences in attitudes towards economic risk and the gender pay gap …. Consistent with the literature on the socio-economic determinants of attitudes towards economic risk, it shows that females are … much more risk averse than males. It then extends this research to show that workers with more favorable attitudes towards …
Persistent link: https://www.econbiz.de/10008777140
We report results from economic experiments of decisions that are best described as petty larceny, with high school and college students who can anonymously steal real money from each other. Our design allows exogenous variation in the rewards of crime, and the penalty and probability of...
Persistent link: https://www.econbiz.de/10009144854
Income mobility is often thought to equalize permanent incomes and thereby to improve social welfare. The welfare analysis of mobility often fails, however, to account for the cost of the variability of periodic incomes around permanent incomes. This paper assesses the net welfare benefit of...
Persistent link: https://www.econbiz.de/10009149148
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of …
Persistent link: https://www.econbiz.de/10008805625