Standard economic theory assumes that individual risk taking decisions are independent from the social context. Recent … experimental evidence however shows that the income of peers has a systematic impact on observed degrees of risk aversion. In … their peers. The present paper is, to the best of our knowledge, the first systematic analysis of income inequality and risk …

While economists in the past tended to assume that individual preferences, including risk preferences, are stable over … time, a recent literature has developed that indicates that risk preferences respond to shocks. This paper combines survey … data and field experiments with three different tools that facilitated elicitation of dis-aggregated measures of risk …

We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …) and are less likely to save money. Experimental measures for risk and ambiguity attitudes are only weak predictors of … field behavior. -- experiments with children and adolescents ; risk ; ambiguity ; time preferences ; health status ; savings …

information that underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across … attempts to conduct such tests. I find that more extrinsic commitment is associated with more risk pooling, but that more … information is associated with less risk pooling. The first of these results accords with our expectations and assumptions. The …

information that underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across … attempts to conduct such tests. I find that more extrinsic commitment is associated with more risk pooling, but that more … information is associated with less risk pooling. The first of these results accords with our expectations and assumptions. The …

information that underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across … attempts to conduct such tests. I find that more extrinsic commitment is associated with more risk pooling, but that more … information is associated with less risk pooling. The first of these results accords with our expectations and assumptions. The …