that theory predicts an inversion when consumers are either risk or loss averse. In those cases, an increase in price …Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk … pay for continued search and the level of price uncertainty depends on her risk preferences. Independent of the current …

We show that if an agent is uncertain about the precise form of his utility function, his actual relative risk aversion … may depend on wealth even if he knows his utility function lies in the class of constant relative risk aversion (CRRA … their risk aversion parameter invest less in risky assets than wealthy investors with identical risk aversion uncertainty. …

creating a link. However, the interplay of such uncertainty and risk attitudes has been neglected in the network formation …, incomplete information, and risk aversion. The model predicts that an agent's risk aversion is correlated with her network …

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting … if the variance of exam grades is higher and higher if the skew is higher: employers shift the cost of productivity risk … to new hires, but pay for the opportunity to catch a really good worker. Estimating the extent of risk cost sharing …

game theory of the firm. A theoretical case for picking winners through a preferential innovative policy is discussed in a …

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem … of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation …