Risk ; Large Losses ; Natural Experiment …This study explores people's risk attitudes after having suffered large real-world losses following a natural disaster … is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss. -- Decision under …

pollution regulations, however, are linked to reductions in the risk of dying for cancer, heart disease, and respiratory … choice experiment survey in Milan, Italy, to investigate this question. We find that the VSL increases with dread, exposure … higher when the risk reduction is delivered by a public program, and increases with the effectiveness rating assigned by the …

is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We … address endogeneity issues by applying an instrumental variable estimation technique. We find that risk-averse households are …