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follow an innovative approach and use grip strength data to obtain an objective health shock indicator. In order to account … empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We … for the non-random nature of our data we employ regression-adjusted matching. Health shocks are found to increase …
Persistent link: https://www.econbiz.de/10011381274
follow an innovative approach and use grip strength data to obtain an objective health shock indicator. In order to account … empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We … for the non-random nature of our data we employ regression-adjusted matching. Health shocks are found to increase …
Persistent link: https://www.econbiz.de/10013009820
follow an innovative approach and use grip strength data to obtain an objective health shock indicator. In order to account … empirically assess if they are time varying. Specifically, we analyse whether health shocks influence individual risk aversion. We … for the non-random nature of our data we employ regression-adjusted matching. Health shocks are found to increase …
Persistent link: https://www.econbiz.de/10013010890
Persistent link: https://www.econbiz.de/10011588911
experiencing a depressive episode report less willingness to take risks in general, but more willingness to take health risks, for …
Persistent link: https://www.econbiz.de/10011999014
experiencing a depressive episode report less willingness to take risks in general, but more willingness to take health risks, for …
Persistent link: https://www.econbiz.de/10012022446
Persistent link: https://www.econbiz.de/10011655603
Incentivized experiments in which individuals receive monetary rewards according to the outcomes of their decisions are regarded as the gold standard for preference elicitation in experimental economics. These task-related real payments are considered necessary to reveal subjects' "true...
Persistent link: https://www.econbiz.de/10012262354
Incentivized experiments in which individuals receive monetary rewards according to the outcomes of their decisions are regarded as the gold standard for preference elicitation in experimental economics. These task-related real payments are considered necessary to reveal subjects' "true...
Persistent link: https://www.econbiz.de/10012267510
I revisit the question of which motive underlies insurance demand. I draw on the literature of state-dependent utility and on the literature of imperfectly divisible consumption to argue that the general purpose of insurance is not a risk transfer, but meeting a conditional need. In this way,...
Persistent link: https://www.econbiz.de/10013330729