This paper estimates relative risk aversion using the observed share of risky assets and characteristics of households …-censoring, I estimate relative risk aversion and participation cost using a working sample with both participants and non … show that the representative relative risk aversion is 30% to 70% higher than previously empirical evidence. The median …

Companies typically control various aspects of their workers' behaviors. In this paper, we investigate whether the … hierarchical distance of the superior who imposes such control measures matters for the workers' ensuing reaction. In particular …, we test, in a laboratory experiment, whether potential negative behavioral reactions to imposed control are larger when …

Companies typically control various aspects of their workers’ behaviors. In this paper, we investigate whether the … hierarchical distance of the superior who imposes such control measures matters for the workers’ ensuing reaction. In particular …, we test, in a laboratory experiment, whether potential negative behavioral reactions to imposed control are larger when …