Narrow search
Showing 1 - 10 of 2,334
Cover Image
On the psychological foundations of ambiguity and compound risk aversion
Wu, Keyu; Fehr, Ernst; Hofland, Sean; Schonger, Martin - 2024
Ambiguous prospects are ubiquitous in social and economic life, but the psychological foundations of behavior under ambiguity are still not well understood. One of the most robust empirical regularities is the strong correlation between attitudes towards ambiguity and compound risk which...
Persistent link: https://www.econbiz.de/10014544917
Cover Image
Risk, uncertainty and entrepreneurship : evidence from a lab-in-the-field experiment
Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam van - 2014
Theory predicts that entrepreneurs have distinct attitudes towards risk and uncertainty, but empirical evidence is …
Persistent link: https://www.econbiz.de/10010418889
Cover Image
The more you know : information effects on job application rates in a large field experiment
Gee, Laura K. - 2016
This paper presents the results from a 2.3 million person field experiment that varies whether or not a job seeker sees the number of applicants for a job posting on a large job posting website, LinkedIn. This intervention increases the likelihood that a person will finish an application by...
Persistent link: https://www.econbiz.de/10011581666
Cover Image
Gender differences in risk aversion and ambiguity aversion
Borghans, Lex; Golsteyn, Bart H.H.; Heckman, James J.; … - 2009
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing literature relating economic preference parameters to psychological measures by asking whether variations in preference parameters among persons, and in particular across genders,...
Persistent link: https://www.econbiz.de/10003808595
Cover Image
On measuring uncertainty : snakes and ladders
Junankar, Pramod N. - 2016
The Global Crisis demonstrated to the world that Ratings Agencies had misled the public about the stability of financial institutions. The Finance literature had decided that it was impossible to have bubbles in financial markets and any surge in the stock market would be self-correcting. Recent...
Persistent link: https://www.econbiz.de/10011543578
Cover Image
The distribution of ambiguity attitudes
Gaudecker, Hans-Martin von; Wogrolly, Axel; Zimpelmann, … - 2022
health disparities, health behaviors, dynamic demand, side effects, structural models, HIV/AIDSaThis paper analyzes the stability and distribution of ambiguity attitudes using a broad population sample. Using high-powered incentives, we collected six waves of data on ambiguity attitudes about...
Persistent link: https://www.econbiz.de/10013453995
Cover Image
Compensating differentials in experimental labor markets
Carpenter, Jeffrey P.; Matthews, Peter Hans; Robbett, Andrea - 2015
The theory of compensating differentials has proven difficult to test with observational data: the consequences of …. Instead, we construct experimental, real-effort labor markets and offer an evaluation of the theory in a controlled setting … differentials are affected by worker mobility and therefore selection. Consistent with the theory, we find that riskier firms must …
Persistent link: https://www.econbiz.de/10010477537
Cover Image
Inventories, employment and hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002
-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10011406897
Cover Image
Navigating ambiguity : imprecise probabilities and the updating of disease risk beliefs
Kerwin, Jason; Pandey, Divya - 2023
Probabilistic risk beliefs are key drivers of economic and health decisions, but people are not always certain about their beliefs. We study these "imprecise probabilities", also known as ambiguous beliefs. We show that imprecision is measurable separately from the levels of risk beliefs. People...
Persistent link: https://www.econbiz.de/10014390526
Cover Image
Media and occupational choice
Konon, Alexander; Kritikos, Alexander - 2017
We address the question of whether media influences occupational choices. To theoretically examine media effects, we construct a dynamic Bayesian occupational choice model with sequential decisions under ambiguity due to imperfect information. We show that sufficiently intensive positive media...
Persistent link: https://www.econbiz.de/10011732034