this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …

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 …

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 …

This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that … Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk …

, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual’s risk …-ranked individual is more willing than a low-ranked individual to take risks that can provide him with a rise in rank: relative risk …

controlling for differential risk attitudes. Our empirical investigation is based on a dataset drawn from the 1989-2006 Bank of …

We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial …

each period. Yet, internals are more likely to make inconsistent risk choices. The effect size of locus of control is …

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … standard measure of risk tolerance. We find that wealthy individuals are more likely to be entrepreneurs and invest a larger … ways strongly determined by individual risk tolerance. Since the wealthy dominate aggregate risky investment, their risk …

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 …