explore this possibility, I develop a theory that unifies models of investment choice, informal risk-sharing, and formal … financial contracts. I then test the predictions of this theory using a series of experiments with clients of a large … inefficiencies. First, borrowers free-ride on their partners, making risky investments without compensating partners for this risk …

explore this possibility, I develop a theory that unifies models of investment choice, informal risk sharing, and formal … financial contracts. I then test the predictions of this theory using a series of experiments with clients of a large … inefficiencies. First, borrowers free-ride on their partners, making risky investments without compensating partners for this risk …

Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk … reputation risk. Having noted the ambivalence that surrounds ‘risk positions’, we present a re-definition of reputation risk that … encompasses the dynamics of contemporary risk and trust relationships. We explore the capacity of different trust forms to reduce …

Relying on a Constant Relative Risk Aversion utility function, we use panel data for Argentina to compute risk …-adjusted income and poverty measures and to analyze their determinants. Taking risk into account increases poverty. The regression …