individuals are found to be more risk averse, in agreement with common findings. Unlike previous studies that ascribed gender … differences in risk attitudes solely to differences in the degree utility curvature, however, our results show that this finding …

Risk aversion (a 2nd order risk preference) is a time-proven concept in economic models of choice under risk. More … recently, the higher order risk preferences of prudence (3rd order) and temperance (4th order) also have been shown to be quite … important. While a majority of the population seems to exhibit both risk aversion and such higher-order risk preferences, a …

experiment, reduces evasion, as predicted by our theory. Loss aversion, risk aversion, and their interaction, are critical …

this phenomenon focus on rational gamblers who overbet longshots due to risk-love. The competing behavioral explanations …

While many puzzles in static choices under risk can be explained by a preference for positive and an aversion toward …

prospect theory, economically disappointed voters bcome risk lovers, and hence are intrinsically attracted by the more risky …