measurement in influencing economic decisions. They attempt to measure uncertainty by indexes of volatility of the stock market … although risk can be measured, uncertainty cannot be measured. Even though risk can be measured, a simple symmetric measure … attempt at "measuring" risk or (fundamental) uncertainty is flawed. …

increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …

households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach - termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset … category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …

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 …

about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …

excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … financial risk. We also find that families with employer stock are found to express more tolerance of financial risk, have … financial risk does not appear to represent a substantial problem in practice for most employee share owners, a small minority …

We evaluate the impacts of adopting algorithmic predictions of future offending (risk assessments) as an aid to … judicial discretion in felony sentencing. We find that judges' decisions are influenced by the risk score, leading to longer … evidence that this reshuffling led to a decline in recidivism, and, over time, judges appeared to use the risk scores less …

extraterrestrial civilization that we may encounter will be an AGI, and such an AGI will pose an existential risk. Two arguments are …

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 …

of uncertainty and of rationing efficiency. We show that regulatory uncertainty does not diminish the rationale for … intervention, but may require a low minimum wage that may not bind. With expected earnings-maximization, greater uncertainty widens …