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 …

preferences for intertemporal substitution, aversion to risk, and aversion to (spatial) inequality. While these three concepts are … necessarily identical in the standard model, this need not be so: well-known models already enable risk to be separated from … surveying the attitudes of over 3000 people to risk, income inequality over space and income inequality over time. The results …

In this paper we assess the importance of sample type in the estimation of risk preferences. We elicit and compare risk … Holt and Laury in their paper Risk Aversion and Incentive Effects (2002). We find evidence suggesting that under rank … dependent utility, students exhibit approximately risk neutral preferences while subjects drawn from the general population …

investigate the link between risk aversion and entrepreneurship in migrant communities. Using an original representative household … risk preferences and entrepreneurship reported in previous studies. …Do more risk loving migrants opt for self-employment? We use a novel vignette-adjusted measure of risk preferences to …

The relationship between risk in the environment, risk aversion and inequality aversion is not well understood … with varying degrees of risk ('endowment risk') influence individual behavior. We derive theoretical predictions for these … games using utility functions that capture additively separable constant relative risk aversion and inequity aversion. We …

about respective start-ups and entrepreneurship. As a conclusion those aspects being a key driver for success will be …