Relying on their history of legal infractions to measure individuals' risk tolerance, we examine the association … between engagement partners' risk appetites and audit quality in the U.S. Criminology and economics research links criminal … activity with enduring personality traits that capture an individual's risk tolerance. Our evidence supports the prediction …

In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …

. We present a laboratory experiment that studies how residual risk of failure affects willingness to contribute to climate … risk than in treatments without one. We interpret this as an outcome of a psychological process where residual risk puts …