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take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …
Persistent link: https://www.econbiz.de/10011880595
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010359305
We estimate the effect of parental separation on the risk and trust attitudes of German adolescents using a large …. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child … adolescents from separated families are less trusting but have the same risk tolerance as adolescents from non-separated families …
Persistent link: https://www.econbiz.de/10012804345
form of risk taking aimed at regaining rank, and it is the engagement in risk-taking behavior that is the cause of an … standing) and stress, do not refer to risk taking at all. We present four strands of research that lend support to our …, individuals resort to risk-taking behavior aimed at regaining their lost rank; evidence that there exists a link between …
Persistent link: https://www.econbiz.de/10014545099
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk … life. For each risk, subjects can pay premiums in order to reduce the likelihood of total bankruptcy. Our results show a … complex interplay of mortality perception and demand for risk reduction. We observe that perceived annual mortality positively …
Persistent link: https://www.econbiz.de/10010418886
The perception of risk affects how people behave during crises. We conduct a series of experiments to explore how … people form COVID-19 mortality risk beliefs and the implications for prosocial behavior. We first document that people … overestimate their own risk and that of young people, while underestimating the risk old people face. We show that the availability …
Persistent link: https://www.econbiz.de/10012258020
possible confounders such as financial literacy, overconfidence, optimism, trust, and other personality traits. We argue that … this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …
Persistent link: https://www.econbiz.de/10011594548
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children … respect to risk and trust attitudes and thus transmit their own attitudes more strongly. The results are robust to including …
Persistent link: https://www.econbiz.de/10009765617
participants living in an area characterized by a high socio-economic environment tend to trust more and are more inclined to … reciprocate higher levels of trust, as compared to those coming from less wealthy neighborhoods. This behavioral difference is, at … significant differences emerge in other preferences: generosity, risk-attitudes, and time preferences. Finally, we do not find any …
Persistent link: https://www.econbiz.de/10011898919
We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our … conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive …. Risk-averse managers are expected to select workers with low turnover risk and invest in specific rather than general …
Persistent link: https://www.econbiz.de/10012820689