Picone, Gabriel; Sloan, Frank; Taylor, Donald - In: Journal of Risk and Uncertainty 28 (2004) 1, pp. 39-53
Despite their conceptual importance, the effects of time preference, expected longevity, uncertainty, and risk aversion on behavior have not been analyzed empirically. We use data from the Health and Retirement Study (HRS) to assess the role of risk and time preference, expected longevity, and...