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We measure risk attitudes in 30 different countries in a controlled, incentivized experiment (N = 3025). At the macroeconomic level, we find a strong and highly significant negative correlation between the risk tolerance of a country and income per capita. This gives rise to a paradox, seen that...
Persistent link: https://www.econbiz.de/10009671257
The global insurance industry is undergoing fundamental change, with countries that are classified as emerging … taking by insurance firms around the world between 2001 and 2014. We measure societal trust and risk avoidance using the …
Persistent link: https://www.econbiz.de/10014356124
This paper presents the Global Preference Survey, a globally representative dataset on risk and time preferences, positive and negative reciprocity, altruism, and trust. We collected these preference data as well as a rich set of covariates for 80,000 individuals, drawn as representative samples...
Persistent link: https://www.econbiz.de/10011387557
This paper presents the Global Preference Survey, a globally representative dataset on risk and time preferences, positive and negative reciprocity, altruism, and trust. We collected these preference data as well as a rich set of covariates for 80,000 individuals, drawn as representative samples...
Persistent link: https://www.econbiz.de/10013011171
This paper studies the global variation in economic preferences. For this purpose, we present the Global Preference Survey (GPS), an experimentally validated survey dataset of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 individuals in 76...
Persistent link: https://www.econbiz.de/10011899246
London are grouped into Syndicates in order to undertake insurance liabilities. In this study, the Syndicate is regarded as … the counterpart of an insurance company in a regular insurance market. The analysis covers a period of eight years between …
Persistent link: https://www.econbiz.de/10011300255
Persistent link: https://www.econbiz.de/10012991365
Today, there are a lot of studies on climate change and sustainability from social sciences’ perspectives. Achievements of sociology, psychology or political sciences can be extremely helpful in designing, adopting, implementing and evaluating of effective climate and sustainability policy....
Persistent link: https://www.econbiz.de/10011565579
Expanding access to financial services holds the promise to help reduce poverty and spur economic development. But, as a practical matter, commercial banks have faced challenges expanding access to poor and low-income households in developing economies, and nonprofits have had limited reach. We...
Persistent link: https://www.econbiz.de/10014025731
Purpose - the purpose of the article is to present the customers (the auction site's users) perception of the opportunities provided by e-commerce, especially increasing its meaning during the pandemic conditions and to conclude the ways of e-commerce development in the future. Research...
Persistent link: https://www.econbiz.de/10013348765