We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …

this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …

variation in risk aversion the early exposure to a massive earthquake. Using several waves of the Bank of Italy Survey of …This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous … Household Income and Wealth (SHIW), we find that individuals experiencing an earthquake become significantly more risk averse …

Risk-taking behavior is highly correlated between parents and their children; however, little is known about the extent … stronger influence on risk-taking by children, and the evidence of a relationship between stock-holding of biological parents … invested in stocks. This suggests that a substantial proportion of risk-attitudes and behavior is environmentally determined. …

partially explained by the fact that poor early health status leads to risk aversion. Early health status is not significantly …

each period. Yet, internals are more likely to make inconsistent risk choices. The effect size of locus of control is …