Women are stereotyped as more risk averse than men. Empirical and experimental investigations seem to support the …

virtual funds, and pure risk lotteries. These represent three different levels of uncertainty: two-sided ambiguity, one …-sided ambiguity and pure risk. Our results show a significant relationship between individual overconfidence and competence measures …

How do financial markets respond to anticipated climate-driven wildfire risk? Using high-resolution meteorological … already incur higher borrowing costs: A one standard deviation increase in projected wildfire risk raises primary (secondary …

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 …

aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in … the form of a countercyclical variance of idiosyncratic income risk. The other indirectly emerges over a household's life …-cycle because retirement savings contain the history of idiosyncratic and aggregate shocks. We show that this leads to risk …

On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On … matters. In investment and insurance contexts with given probabilities women seem to expose approximately the same risk … information may be important. We conducted a lottery experiment introducing three types of probability information: pure risk …