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Measuring time and risk preferences : realiability, stability, domain specificity
Wölbert, Eva; Riedl, Arno - 2013
risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of …
Persistent link: https://www.econbiz.de/10009772925
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The elephant in the other room
Veneziani, Roberto; Skillman, Gilbert L. - 2024 - This draft: 12 September 2023
/Kaleckian account of demand-constrained equilibrium, is a viable -- indeed, superior -- alternative to mainstream theory. While the book …
Persistent link: https://www.econbiz.de/10014476014
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Measuring Time and Risk Preferences: Realiability, Stability, Domain Specificity
Wölbert, Eva; Riedl, Arno - 2013
risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of …
Persistent link: https://www.econbiz.de/10010318820
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Export decision under risk
Sousa, José de; Disdier, Anne-Célia; Gaigné, Carl - 2016
Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export … of export shares from the most to the least productive incumbents. Greater skewness of the demand distribution and …
Persistent link: https://www.econbiz.de/10011547934
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Long term care insurance with state-dependent preferences
De Donder, Philippe; Leroux, Marie-Louise - 2019
Persistent link: https://www.econbiz.de/10012194590
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Long term care insurance with state-dependent preferences
De Donder, Philippe; Leroux, Marie-Louise - 2020
Persistent link: https://www.econbiz.de/10012162297
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Long term care insurance with state-dependent preferences
De Donder, Philippe; Leroux, Marie-Louise - 2019
We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents …
Persistent link: https://www.econbiz.de/10012156711
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Long term care insurance with state-dependent preferences
De Donder, Philippe; Leroux, Marie-Louise - 2019
Persistent link: https://www.econbiz.de/10012215235
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The impact of entrepreneurial risk aversion on wages in general equilibrium
Feng, Ying; Rauch, James E. - 2015
One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk averse individuals become their employees. Kihlstrom and Laffont (1979) formalized this insight in an elegant and widely taught general equilibrium model. However, their model...
Persistent link: https://www.econbiz.de/10010519937
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The elephant in the other room
Veneziani, Roberto; Skillman, Gilbert L. - 2024
/Kaleckian account of demand-constrained equilibrium, is a viable -- indeed, superior -- alternative to mainstream theory. While the book …
Persistent link: https://www.econbiz.de/10014480522