Sentiments are characteristics of players' beliefs. I propose two notions of sentiments, confidence and optimism, and I … complementarities. Confidence is related to a player's perceived precision of information; optimism is the sentiment that the outcome of … of location, relating complementarities and optimism. I apply these results to four areas. In models of currency crisis …

thinks his type is. The second characteristic, optimism, is related to how “favorable” a player expects the outcome of the … expressions that involve type-sensitivity, optimism, and payoff characteristics. Our results generalize and clarify the well …

driven by voters' spending on private insurance and increased willingness to take risks when spared from disaster. I … electoral returns, risk-aversion, and private insurance inquiries. These results are politically meaningful not least because US …

We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that … farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members …, explain under-valuation of agricultural insurance. Second, membership of a farmer's union, interpreted as a form of social …

We employ a novel approach to investigate the reasons for a low demand for agricultural insurance. We confirm that … farmers systematically undervalue agricultural insurance. First, we find that private transfers, mainly from family members …, explain under-valuation of agricultural insurance. Second, membership of a farmer's union, interpreted as a form of social …