of savings, precautionary savings, loss aversion, and risk. We provide the relevant theory, followed by empirical tests …

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

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

pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on … the magnitude and sign of the relative risk premium, holding fixed both the probability that a lottery pays off and the … in which all departures from risk-neutral bidding are attributed to an optimal adaptation of bidding behaviour to the …

effect. We show that loss aversion, moral costs, mental accounting, and risk preferences play a key role in explaining key … that risk aversion strengthens the cautionary effect of loss aversion and risk loving behavior attenuates, or reverses, it …

Loss aversion, risk aversion, and the probability weighting function (PWF) are three central concepts in explaining … decisionmaking under risk. I examine interlinkages between these concepts in a model of decisionmaking that allows for loss averse … commonly observed shapes of PWF and to risk aversion. In particular, I establish a connection between loss aversion and both …

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 …