: financial risk and environmental risk. The analysis is carried out using time series data for six advanced economies in the … period 1965-2007. The results support the theoretical conclusions that both financial risk alone and the interaction between … empirical analysis performed with one-argument utility functions. Finally, we provide new estimates of indexes of relative risk …

The paper clarifies the link between changes in risk aversion and the effect on the consumption discount rate. In a … rate to a change in risk aversion depends on some fundamental properties of the considered uncertainties. The application … of this general result to specific forms of uncertainty extends existing results to more general forms of risk and yields …

significantly influence consumption dynamics. Our estimates of the indexes of relative risk aversion and relative prudence, as well …

characteristics. To address heterogeneity in preferences for risk reduction, we use a non-linear conditional logit model with …This paper presents a choice experiment, which values reductions in mortality risk on Alpine roads. These roads are on …

for the risk of irreversibility induces more conservative decisions regarding consumption and polluting emissions. In …

known. By integrating these two characteristics in a simple theoretical framework, this paper derives plausible conditions …