We develop a theoretical account of how athletes engaged in risky sports value riskreducing information and use stated-preference data from a sample of backcountry skiers to empirically challenge the predictions of our model. Risk taking in this specific context depends on the athlete’s...

This paper estimates the treatment effect of grade repetition on subsequent schooling performances in France. We correct for potential selection issues associated with grade retention, using a multi-stage econometric model. We find that early grade repetition (Grade 1 or 2) leads to an increase...

Individuals are commonly surveyed about their perception or assessment of risk and these variables are often used to explain individuals’ actions to protect themselves against these risks. Perceptions appear as endogenous variables in traditional theoretical averting-decision models but, quite...