We measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model and …-markets consumption allocation. There is substantial heterogeneity in risk preferences estimated from the full-insurance model, positively … correlated in most villages with portfolio-choice estimates. The heterogeneity matters for policy: Although the average household …

. Leveraging a unique representative household finance survey for the Austrian population, we examine whether investors' ESG …

methods are applied to a simple portfolio selection problem involving choosing between a stock index and a risk-free asset in …