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discuss the claims of Andreoni and Sprenger (2012b) that "risk preferences are not time preferences" and assert that this may …
Persistent link: https://www.econbiz.de/10011260062
of apprehension and the penalty if caught. While evidence indicates that rational theory is applicable to acquisitive … elicited risk attitudes and time preferences from respondents in a street survey. Admitted violent behaviour was predictable on … the basis of some of these responses. Consistent with the rational model, less risk averse and more impatient individuals …
Persistent link: https://www.econbiz.de/10004976861
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Let X be a set of states, and let I be an infinite indexing set. Our first main result states that any separable, permutation-invariant preference order () on X^I admits an additive representation. That is: there exists a linearly ordered abelian group A and a `utility function' u:X--A such...
Persistent link: https://www.econbiz.de/10008805853
In two laboratory studies involving 285 undergraduate students presented with a one-shot real choice we observe a systematic influence of time delay on the preferences for two lotteries, equal in expected value, but different in the degree of probability and outcome. The more the outcome is...
Persistent link: https://www.econbiz.de/10005628788
В статье представлены результаты комплексного анализа макросоциальных факторов, формирующих медико-демографическую ситуацию на территории России, с...
Persistent link: https://www.econbiz.de/10011270231
severe impact on household income. Few studies have so fare examined the effects of mortality. The major difference between … illness and mortality shocks is that a death of a household member does not only induce direct costs such as medical and …. Studies so far focused mainly on adult mortality, disregarded the death of other household members and distinguished only …
Persistent link: https://www.econbiz.de/10005082699
non-zero risk levels. Some contemporary European societies tolerate about one fatality per thousand year around industrial … theory and the technology roadmap suggest that CO2 storage demonstration projects over the next 20 years have to cause …
Persistent link: https://www.econbiz.de/10009402095
the effects of mortality. The major difference between illness and mortality shocks is that a death of a household member …
Persistent link: https://www.econbiz.de/10004963661