In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … investment research. For example, not including factor prices in investment models may seriously affect the model outcomes … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ …

the Amsterdam Exchange index and use the combined predictive forecasts in an investment asset allocation exercise …

administrative dataset from the Netherlands. We find negative duration dependence in the hazard of sale and positive duration …

firms' risk attitudes and the fact that future market prof-its are uncertain so that winning an auction is like winning a … lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk … attitude effect. Firms that are less risk aversetend to set higher prices (or higher quantities in case quantity is the …

individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions … ask for the reservation price of a hypothetical lottery and self-assessment of risk attitude on a 0-10 scale. We confirm … familiar findings: risk aversion dominates, women are more risk averse than men, risk aversion decreases with increasing …

questions on knowledge of the existence of HIV, HIV prevention, HIV stigma, intended pregnancy, and risk perceptions of engaging … type of knowledge are important in condom use. Low risk perceptions of engaging in unprotected sex and not knowing that … men and women. Moreover, the large predictive power of high-risk perceptions of engaging in unprotected sex (while …

We explore the feasibility of a funded pension system with intergenerational risk sharing when participation in the … increases with risk aversion and financial market uncertainty. We find that it is likely that mandatory participation is … necessary to sustain a funded pension pillar and to let participants benefit from intergenerational risk sharing …

This paper experimentally investigates investment behavior.We find that global risk – i.e. risk independent of an agent …’sinvestment decision (like political risk) – substantiallydecreases investment. Also effort to obtain the capital usedfor investment … decreases investment substantially. Theseresults are neither in line with expected utility theory norwith psychologically …

in reunified Germany. This is observed for both genders and all offence types. We highlight risk attitude as an important … 1989, the number of births halved in East Germany. These cohorts became markedly more likely to be arrested as they grew up … this preference for risk was then strongly transmitted to their children which may in turn explain their high criminal …