perturbation theory to derive an approximate tractable expression for this cost adjusted for climatic and economic risk. We allow … for different aversion to risk and intertemporal fluctuations, skewness and dynamics in the risk distributions of climate …

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk … attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one’s job reduces the … perceives the threat of job loss and is of a transitory nature. The change in stated risk attitude matches observable job …

variation in risk aversion the early exposure to a massive earthquake. Using several waves of the Bank of Italy Survey of …This paper investigates the impact of risk attitudes on the decision to become an entrepreneur. In contrast to previous … Household Income and Wealth (SHIW), we find that individuals experiencing an earthquake become significantly more risk averse …