An investor's choice between safe and risky assets has long been seen as a behavior toward risk: more risk … on how the attendant financial risk interacts with effort. We find that if the risk multiplies with effort, risk …-averse individuals work less, whereas under additive risk effort choice is little affected by risk preferences. Our findings complement …

chairman and share of women in the boardroom) and firm's risk attitudes measured as variability in four firm outcome variables … than 50 employees, we find extensive evidence of a negative association between female CEO and firm's risk attitudes. This … risk aversion profile and put more effort in monitoring firm activities than men in the financial matter domains. A number …

Depression affects the way that people process information and make decisions, including those involving risk and … uncertainty. Our objective is to analyze the way that depressive episodes shape risk preferences and risk-taking behaviors. We are … the first to address this issue using large-scale, representative panel data that include both behavioral and stated risk …

We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion … loss by experimental participants. Our experimental design augments the Holt-Laury risk preference elicitation methodology … additional reluctance to participate in a mixed domain lottery beyond that predicted by risk aversion. We show that only …

comparison group in China, we examine how both psychological and financial incentives, together with attitudes toward risk, may … in attitudes toward risk. Indeed, for both groups financial and psychological incentive effects are both inversely … related to individual levels of risk aversion, and are positive and significant both for workers and for students who are …

stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …

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

This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and … representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which … child becomes older. These findings show that parenthood leads to considerable changes in individual risk attitudes over …

interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …