According to standard economic theory, households should equate the marginal revenue product of an input across … activities within the household. However, this prediction may not hold in the presence of risk. Using data on farm plots and non …-farm enterprises in Malawi, we examine the impact of risk on the allocation decisions of agricultural households as they allocate labor …

We find a strong relationship between risk-loving preferences and cognitive ability which becomes stronger as adherence … relationship between risk preferences and cognitive ability for the human population as a whole irrespective of socio …

located at the bottom of the income distribution, where risk aversion cannot play any role. …

non-cognitive outcomes: risk preferences, patience, creativity and attention/focus. Our main finding is that chess … training reduces the level of risk aversion almost a year after the intervention ended. We also find that chess training …, these (non-risk preference) results are less conclusive once we account for multiple hypothesis testing. We do not find any …

Covid-19 social distancing risk index (COV19R) is created based on skills descriptors that categorise jobs by their level of …-27 labour market (23% of total EU-27 employment) are faced with a very high risk of Covid-19 disruption and another 22 …% of the EU workforce - mostly medium- to lower-skilled service provision - is exposed to some significant risk. The burden …

account its substantial risk), and our results corroborate on the claimed importance of human capital in improving these …

This paper reconsiders the wide agreement that females are more risk averse than males providing a leap forward in its …

from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that …