Decision making usually involves uncertainty and risk. Understanding which parts of the human brain are activated … during decisions under risk and which neural processes underly (risky) investment decisions are important goals in …-related activations in space and dynamics in time. Further, we classify the risk attitudes of all subjects based on the estimated …

different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …

Sovereign risk is defined as a country?s ability-to-pay and willingness-to-pay its debt. This paper examines how …

For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs …, and information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes …

The determinants of risk attitude in couples are explored using data from the German Socio-Economic Panel over the … take risk. Responses to this question are provided on a 0-10 Likert scale. We focus on couples in the data set, and we … female's risk attitude. A number of individual characteristics, including age, height, education and household income, are …

risk seeking (as opposed to female, older and more risk averse) leaders overrule decisions of ordinary team members more …

For our experiment on corruption we designed a coordination game to model the influence of risk attitudes, beliefs, and … information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes failed to …

firms' risk attitudes and the fact that future market prof-its are uncertain so that winning an auction is like winning a … lottery ticket.li one license is auctioned, auctions select the firm that is least risk averse.This is what we call the risk … attitude effect. Firms that are less risk aversetend to set higher prices (or higher quantities in case quantity is the …

individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions … ask for the reservation price of a hypothetical lottery and self-assessment of risk attitude on a 0-10 scale. We confirm … familiar findings: risk aversion dominates, women are more risk averse than men, risk aversion decreases with increasing …