Showing 1 - 10 of 2,333
risk preferences. Furthermore, religious beliefs are thought to explain differences in risk-preparedness on the individual … level. We analyze these two possible determinants of individual risk attitudes: nationality and religion. First addressing … the study of risk attitudes in a literature review, we then test our hypotheses empirically using the large …
Persistent link: https://www.econbiz.de/10011632881
This paper studies how having your home damaged or destroyed by a natural disaster impacts on economic and financial … employment and income, but increases financial hardship and financial risk aversion. These impacts are generally short …
Persistent link: https://www.econbiz.de/10012270890
This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous … variation in risk aversion the early exposure to a massive earthquake. Using several waves of the Bank of Italy Survey of … Household Income and Wealth (SHIW), we find that individuals experiencing an earthquake become significantly more risk averse …
Persistent link: https://www.econbiz.de/10011959842
, particularly on how the response to a risk behaves in the presence of others. Corresponding risk measures were applied. …
Persistent link: https://www.econbiz.de/10011512981
We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural … disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that … individuals who recently suffered a flood or earthquake exhibit more risk aversion than individuals living in otherwise like …
Persistent link: https://www.econbiz.de/10009575341
We study whether natural disasters affect risk-taking behavior exploiting geographic variation in exposure to natural … disasters. We conduct standard risk games (using real money) with randomly selected individuals in Indonesia and find that … individuals who recently suffered a flood or earthquake exhibit more risk aversion than individuals living in otherwise like …
Persistent link: https://www.econbiz.de/10013099808
How do voters respond to heightened risk? Dominant theories expect accountability issues to surface or distributional … exposure not only to risk but also to direct losses or self-selection into unfortunate circumstances. To circumvent this, I use … difference-in-differences estimates of hurricane nearly-hit areas in the US to study the effect of risk on vote choice. I find …
Persistent link: https://www.econbiz.de/10012844636
severe harvest losses leads to more risk aversion and stronger overweighting of small probabilities. Higher losses are not …
Persistent link: https://www.econbiz.de/10011631008
The impact of exposure to a major unanticipated natural disaster on the evolution of survivors' attitudes toward risk … assume greater financial risk in the short-term while rebuilding their lives after the disaster … to take on risk relative to those not directly exposed to the tsunami. These differences are short-lived: starting a year …
Persistent link: https://www.econbiz.de/10014250120
assumption of (intertemporal) risk neutrality reduces the growth effect in social discounting and significantly amplifies the … importance of risk and correlation. Second, debate and models largely overlook the difference in attitude with respect to risk … and with respect to non-risk uncertainty. The paper derives the resulting changes of the risk-free and the stochastic …
Persistent link: https://www.econbiz.de/10009488887