-consequence events. The specific features of this situation under risk and uncertainty imply an anomaly: while the single probability of … effective policies and risk management strategies ... ; eng …

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 …

show that risk attitude is strongly affected by social contexts: participants in the experiment seem to be relatively risk …This paper investigates experimentally whether risk attitudes are stable across social contexts. In particular, it … seeking when they possess a relatively weaker position than the other party and risk averse when the opposite is true. Our …

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …

We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … with an individual preference for a choice under risk, based on privately received information, and can share this … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship …

We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …-making traits are strong and robust determinants of risk taking: a more intuitive trait is associated with more risk taking, while a …

In an experiment that elicits subjects' willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold … pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on … the magnitude and sign of the relative risk premium, holding fixed both the probability that a lottery pays off and the …

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 …