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On-farm innovations have the potential to increase both agricultural productivity and income while mitigating environmental impacts. However, as adopting innovations can lead to risks, it is important to understand the role of farmers' risk attitudes. We quantified Dutch arable farmers' risk...
Persistent link: https://www.econbiz.de/10014500732
This paper investigates whether immigrants adapt to the attitudes of the majority population in the host country by focusing on the effect of ethnic persistence and assimilation on individual risk proclivity. Employing information from a unique representative German survey, we find that...
Persistent link: https://www.econbiz.de/10009683314
optimal. A theoretical framework and an experiment demonstrate that stochastic contracts implemented with small probabilities …
Persistent link: https://www.econbiz.de/10015053193
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time preferences. Our measure is provided in the meaningful metric of the subjective probability of trustworthiness of the trustee. In a lab‐in‐the‐field setting in the...
Persistent link: https://www.econbiz.de/10014496994
Modelling investor behaviour in the South African context is important for investment companies to profile their clients. Various factors can influence the risk tolerance of investors. For the purpose of this research article, the emphasis was placed on demographics, life satisfaction and how...
Persistent link: https://www.econbiz.de/10012632108
Persistent link: https://www.econbiz.de/10003863217
This chapter surveys the rapidly growing literature in which risk preferences are measured and manipulated in laboratory and field experiments. The most commonly used measurement instruments are: an investment task for allocations between a safe and risky asset, a choice menu task for eliciting...
Persistent link: https://www.econbiz.de/10014025528
I study the gender differences in performance in multiple-choice questions in a setting where wrong answers are penalized and the objective is to score as high points as possible. I exploit data from an undergraduate level microeconomics course at a Finnish university across a six-year period of...
Persistent link: https://www.econbiz.de/10014432496
Persistent link: https://www.econbiz.de/10003896776
. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment …
Persistent link: https://www.econbiz.de/10011994857