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general questions concerning the regional and global waxing and waning of domestic regime types. Evolution's claims about the … variety, selection, and retention of traits (in this case, democracy), rightly understood, can accommodate not only the … co-evolution and niche construction are crucial: an agent may modify its environment such that one or more traits of that …
Persistent link: https://www.econbiz.de/10011590640
Persistent link: https://www.econbiz.de/10011581046
This paper utilizes the theory of compensating differentials for job risks from the labor economics literature to evaluate farmers’ differences in wage-risk tradeoffs. In the context of job risks, the theory predicts that farmers who place a lower value on health status are willing to work for...
Persistent link: https://www.econbiz.de/10009201379
This article assesses the relative importance of risk preferences and rainfall availability on households’ decision to engage in off-farm employment. Devoting time for off-farm activities, while it helps households earn additional incomes, involves a number of uncertainties. Unique panel data...
Persistent link: https://www.econbiz.de/10009201491
The slow diffusion of new technology in the agricultural sector of developing countries has long puzzled development economists. While most of the current empirical research on technology adoption focuses on credit constraints and learning spillovers, this paper examines the role of individual...
Persistent link: https://www.econbiz.de/10011150180
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...
Persistent link: https://www.econbiz.de/10011213742
Who is most likely to change their risk preferences over the lifecourse? Using German nationally representative survey data and methods to separate age from cohort effects, we estimate the lifecycle patterns in the socioeconomic gradient of self-reported risk preferences. Tolerance to risk drops...
Persistent link: https://www.econbiz.de/10011213876
This study analyzes how risk attitudes change when individuals become parents using longitudinal data for a large and representative sample of individuals. The results show that men and women experience a considerable increase in risk aversion which already starts as early as two years before...
Persistent link: https://www.econbiz.de/10011214025
We present new results on the relationship between health behaviors and experimental measures of time and risk preferences. In contrast to recent findings in the economics literature, we find no evidence of a link between time preference and self-reported health behaviors and outcomes such as...
Persistent link: https://www.econbiz.de/10011220562
В статье изложены основы теории поведенческих финансов, определяющей из которых является теория перспектив Д. Канемана и А. Тверски, представлены предпосылки ее...
Persistent link: https://www.econbiz.de/10011236198