Standard economic theory assumes that individual risk taking decisions are independent from the social context. Recent … experimental evidence however shows that the income of peers has a systematic impact on observed degrees of risk aversion. In … their peers. The present paper is, to the best of our knowledge, the first systematic analysis of income inequality and risk …

This study contributes to the public debate on gender quotas and the literature on gender and risk taking by analysing … how the level of risk taking within a group is influenced by its gender composition. In particular we look at the shift of … risk taking between group and individual decisions and analyse to which extent this shift depends on the gender composition …

the expected value of a lottery to the latter, so they are weakly risk averse. Besides explaining behavioral … irregularities like the expected utility paradoxes of Allais and Rabin, CT also separates risk attitude in the strong sense from … attitude towards wealth. Risk attitude is completely determined by the curvature of vuand is independent of the value function …