Showing 1 - 10 of 6,060
Persistent link: https://www.econbiz.de/10011572777
The present paper introduces a theoretical framework through which the degree of risk aversion with respect uncertain prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper introduces the main elements of the duality theory (DT)...
Persistent link: https://www.econbiz.de/10013368182
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time … a lab‐in‐the‐field setting in the Philippines, we measure trust in two different financial institutions. Additionally … institution increases trust and changes individual financial behavior. We find that eligible individuals significantly increase …
Persistent link: https://www.econbiz.de/10014496994
Persistent link: https://www.econbiz.de/10011986149
We model an urban labour market in a developing economy, incorporating workers’ risk attitudes. Trade-offs between risk aversion and ability determine worker allocation across formal and informal wage employment, and voluntary and involuntary self employment. Greater risk of informal wage...
Persistent link: https://www.econbiz.de/10009725361
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
Persistent link: https://www.econbiz.de/10012818293
Persistent link: https://www.econbiz.de/10011783661
individual trust. Focusing on second generation immigrants in Australia and the United States, we exploit the variation in the … conditions on individual trust. Our results indicate that trust in the home country contributes to the trust of second generation … country also affect individual trust. …
Persistent link: https://www.econbiz.de/10010372436
Persistent link: https://www.econbiz.de/10003863361