more attractive for social insurance if a larger part of risk is realized in the first period of the life-cycle. Our …

more attractive for social insurance if a larger part of risk is realized in the first period of the life-cycle. Our …

find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …

. 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 …

the literature on wage effects we add a breakdown of variances in heterogeneity and risk. …

explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …

We study the optimal taxation of risk-free and excess capital income with heterogeneous rates of return, alongside an … optimal nonlinear earnings tax. Households can hold three assets: one risk-free, one risky but diversifiable, and one a … private investment with idiosyncratic risk whose expected return differs among households. Contrary to expectations, the …