social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …

We characterize intertemporal utility functions over heterogeneous goods that feature (i) a constant elasticity of … the goods. We find that a standard (stationary) intertemporal utility function is consistent with these two properties if … elasticities of substitution are identical, or if the instantaneous utility function is Cobb-Douglas. We also characterize the …

cultural background matter. -- Decision under pressure ; altruism ; social norms ; interdependent preferences ; excess of …

enforced. This paper shows that economic analysis can account for human behavior in such situations. -- Decision under pressure …

question relates to the effects of tariff bindings on the risk that exporters face in destination markets. The present paper … formalizes the underlying interaction of risk, fixed export costs and firms' market entry decisions based on techniques known … trade. We find that bound tariffs are more effective with higher risk destination markets, that a large binding overhang may …