-choice tasks for elicitation of risk attitudes. First, I compare the investment task of Gneezy and Potters (1997) with the standard …

This research examined whether people can accurately predict the risk preferences of others.Three experiments featuring … different designs revealed a systematic bias: that participants predicted others to be more risk seeking than themselves in … discrepancy occurred only if the target of prediction was abstract and vanished if the target was vivid. A risk …

This research explores whether there are systematic cross-national differences in choice-inferred risk preferences … between Americans and Chinese. Study 1 found(a) that the Chinese were signi®cantly more risk seeking than the Americans, yet …(b) that both nationals predicted exactly the opposite Ð that the Americans wouldbe more risk seeking. Study 2 compared …

-cycle model of household decisions involving consumption of both perishable goods and housing services, stochastic and unspanned … households can significantly improve their welfare by optimally conditioning decisions on the predictors. For a modestly risk …

Risk parity methods focused on volatility have gained traction in the last decade. A few extensions have been proposed …, including tail risk parity. The authors show that, at its limits, tail risk parity converges towards the risk parity portfolio … or the tangency portfolio. The authors also introduce a new risk parity measure called ‘outcome risk parity’ which allows …

generalized LRR model is as tractable but more flexible due to its separation of ambiguity aversion from both risk aversion and … variance premium puzzle besides the puzzles of the equity premium, the risk-free rate, and the return predictability …. Specifically, the model matches reasonably well key asset-pricing moments with risk aversion under 5. Model calibration shows that …

We analyse models for panel data that arise in risk allocation problems, when a given set of sources are the cause of … an aggregate risk value. We focus on the modeling and forecasting of proportional contributions to risk. Compositional …