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

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 …

Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … various risk-attitude measures. Yet all the structural models predict insurance poorly, often less accurately than random … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …

Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … various risk-attitude measures. Yet all the structural models predict insurance poorly, often less accurately than random … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …

-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 …

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 …

across measures. Only the psychometric theory-based risk tolerance measure was found to be correlated to other indicators of …The purpose of this study was to compare and contrast the predictive validity of risk tolerance questionnaires. The … tested questionnaires represented measures derived from economic and psychometric theory. It was determined 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 …

systematic risk is highly nonlinear in extreme scenarios-especially during the subprime crisis. We find that countercyclical …-traditional risk premia by deliberately increasing their systematic risk while the later focus more on minimizing risk. Our results … suggest that the hedge fund strategies' betas respond more to illiquidity uncertainty than to illiquidity risk during crises …

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