-identification of the tipping point. Weak identification may occur if the true EKC is linear while a quadratic income term is …

Mortality risk due to water pollution is one of serious problems especially for Asian developing countries. The timing … relationships between their age or income and WTP. In a subsequent theoretical study, these relationships holds for both of Option …

where we observe the income risk of chosen careers and the risk aversion of the people who choose them. The key parameter of … distribution of income risk with risk aversion. We document that those who self-identify as risk tolerant are more likely to have … using the pay gap between high- and low-income-risk people with high and low risk aversion. …

income risk of chosen careers and the risk-aversion of the people who choose them. The key parameter of interest - the … importance of idiosyncratic taste and skill in career choice - is identified from the shift in the distribution of income risk … with risk aversion. We estimate the model using individual-specific measures of income volatility to proxy for income risk …