people's subjective risk beliefs and their protective behaviors. We report three main findings. First, on average, people … substantially overestimate the absolute level of risk associated with economic activity, but have correct signals about their … relative risk. Second, people who believe that they face a higher risk of infection are more likely to report avoiding economic …

shock, which was followed by additional new information in a later CDC recommendation. We use data on consumer risk … data). The empirical model examines changes in risk perceptions during the early crisis period when the CDC was warning … CDC recommendation changed to emphasize the role of THC e-cigarette products, e-cigarette risk perceptions were partially …

May 6 - 13, 2020, to understand these risk perceptions. Here we report some preliminary results. Our most striking finding …

In this paper we: (i) provide a model of the endogenous risk intolerance and severe aggregate demand contractions … addressing these contractions. The key mechanism stems from heterogeneous risk tolerance: as a recessionary shock hits the … economy and brings down asset prices, risk-tolerant agents' wealth share declines and their leverage rises endogenously. This …

novel proxy for stress: risk of military induction during the Vietnam War …These findings add to the evidence on the lasting consequences of stress, and also indicate that induction risk during …A substantial literature has examined the impact of stress during early childhood on later-life health. This paper …

this phenomenon focus on rational gamblers who overbet longshots due to risk-love. The competing behavioral explanations …

Concerns over the impacts of hospital strikes on patient welfare led to substantial delay in the ability of hospitals ….S. economy. Were the original fears of harmful hospital strikes realized as a result? In this paper we analyze the effects of … 2004 period in New York State, and match these strikes to a restricted use hospital discharge database which provides …

increase over time. By 2000-2003, hospitals in high HMO markets ended up with higher risk of shutting down profitable services …