rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the … tradeoff between risk and incentives. Subjects in our experiments choose their compensation for performing a real-effort task … from a menu of linear piece rate and fixed payment combinations. As classical principal-agent models predict, more risk …

rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the … tradeoff between risk and incentives. Subjects in our experiments choose their compensation for performing a real-effort task … from a menu of linear piece rate and fixed payment combinations. As classical principal-agent models predict, more risk …

rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the … tradeoff between risk and incentives. Subjects in our experiments choose their compensation for performing a real-effort task … from a menu of linear piece rate and fixed payment combinations. As classical principal-agent models predict, more risk …

rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the … tradeoff between risk and incentives. Subjects in our experiments choose their compensation for performing a real-effort task … from a menu of linear piece rate and fixed payment combinations. As classical principal-agent models predict, more risk …

take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality, and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This likely contributes to the predictive power of the …

take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …

This paper studies the relationship between income inequality and risk taking. Increased income inequality is likely to … take risks. Using a globally representative dataset on risk preference in 76 countries, we empirically document that the … distribution of income in a country has a positive and significant link with the preference for risk. This relationship is …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We then use a more … standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We use a more standard … lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We then use a more … standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …