Showing 1 - 10 of 16,748
Empirical studies advocating the temporal variability of risk attitudes suggest that adverse covariate shocks … significantly alter risk attitudes over time, but there is no consensus on the direction. In this paper, we investigate whether risk … rainfall data for rural Thailand and Vietnam. Our econometric analysis shows that temporal variability in risk attitudes is …
Persistent link: https://www.econbiz.de/10011905968
Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important … research question is how to detect risk related regions and to investigate the relation between risk preferences and brain … method improves the quality of spatial representations and guarantees the contiguity of risk related regions. The selected …
Persistent link: https://www.econbiz.de/10010529349
can generate systematic biases in revealed preference measures such as spurious risk aversion. These effects are very …
Persistent link: https://www.econbiz.de/10014340230
choice between risky and ambiguous Ellsberg urns, we let them choose between a safe option and a risky lottery, whose risk is …, subjects can reduce or even eliminate the ambiguity and turn the decision situation into one of risk. Under the assumption that … request more information. Moreover, we investigate whether the relation between attitudes towards risk and ambiguity is linked …
Persistent link: https://www.econbiz.de/10010188142
We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions … after receiving outcome information on previous decisions. We find that in all decisions risk taking can be predicted by …
Persistent link: https://www.econbiz.de/10011874728
Persistent link: https://www.econbiz.de/10012167417
Persistent link: https://www.econbiz.de/10011796068
Persistent link: https://www.econbiz.de/10012260433
Persistent link: https://www.econbiz.de/10010376503
take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality, and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This likely contributes to the predictive power of the …
Persistent link: https://www.econbiz.de/10011986900