Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …

2012 and 2014, each among more than 6,000 German households, we analyze the determinants of individual risk perception … associated with three kinds of natural hazards: heat waves, storms, and floods. Our focus is on the role of objective risk … are strong drivers of individual risk perception. …

on a discrete time competing risks hazard rate model applied to comparable microdata sets. The unemployment risk is … examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a …. The risk of entering unemployment is particularly high for French employees with poor education, but higher education …