This paper investigates whether risk preferences explain how individuals are sorted into occupations with different … willingness to take risks whose behavioral relevance has been validated in previous work. As a measure of earnings risk, we use … relating earnings risk to the measure of individual risk preference, our evidence shows that individuals with low willingness …

This paper investigates whether risk preferences explain how individuals are sorted into occupations with different … willingness to take risks whose behavioral relevance has been validated in previous work. As a measure of earnings risk, we use … relating earnings risk to the measure of individual risk preference, our evidence shows that individuals with low willingness …

additional individual characteristics such as subjects' risk attitudes, measures of self-assessment and overconfidence, social … overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and …-specific risk attitudes. Seventh, self-selection is also affected by personality differences. Finally, reported effort is …

additional individual characteristics such as subjects' risk attitudes, measures of self-assessment and overconfidence, social … overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and …-specific risk attitudes. Seventh, self-selection is also affected by personality differences. Finally, reported effort is …

This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct … incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a … with greater risk aversion, and more pronounced impatience. These relationships are statistically and economically …

these attitudes directly, and are good measures in the sense that they reliably predict actual risk-taking and trusting … by parents in terms of risk attitudes. Interestingly, for trust there is no impact of family size or birth order. There … are similar to parents in terms of risk are similar in terms of trust. We find that the transmission from parents to …