degree of pessimism of the representative agent is the mean of the individual ones weighted by their index of absolute risk …

hypothesis that risk affects farmers’ decisions and that crop diversification is a viable strategy as a hedge against risk. …Important sources of risk in agriculture are yield and price fluctuations caused by unpredictable and uncontrollable … these events could affect farmers’ risk aversion in decision making and justify their preferences for risk minimizing and …

In this paper, some definitions of deposit risk for a financial institution are presented …

increase prevails through a second channel: an increase in risk shifting. (3) Risk shifting decreases with the diversification …We present a model where bank assets are a portfolio of risky debt claims and analyze stockholders' risk … increases, risk shifting by borrowers increases, even if their leverage is unchanged (zombie lending). (2) While the literature …