We obtain rich measurements of risk preferences for 2939 subjects across 30 countries, and use the data to paint a … picture of the distribution of risk preferences across the globe using structural equation models. Reference-dependence and … those in Western countries, with poorer countries substantially more risk tolerant than rich countries on average. We …

risk taking, yet results remain inconclusive. We suspect that this is due to difficulty in capturing risk preferences with … expected utility based tasks. Prospect theory, on the other hand, suggests that risk preferences differ between gains, losses … financial risk taking and 2D:4D, a putative marker of prenatal testosterone exposure, in the framework of prospect theory. We …

has three components: the pure rate of time preference, a measure of relative risk aversion, and the rate of growth of per … respect to consumption is particularly important because it assumes three roles: consumption smoothing over time, risk … rates of risk and inequity aversion can be expected to play significant roles. The consumption growth rate plays multiple …

We adopt a risk-taking capability perspective to study the determinants of risk-taking behavior. We introduce the … concept of “risk-taking capabilities”—absorptive capacity, network resources, and organizational slacks—arguing that … recognition of threat and risk-taking capabilities will influence risk-taking behavior, while the theoretical debate on threat …

pricing. A comparison of our model with the GARCH(1,1) model is carried out. The explanation of the validity on our model …