-contingent consumer's surplus and the state-contingent marginal utility of wealth and a second term representing risk aversion. This … consumer's surplus is determined by the covariance between preferences and consumer's surplus and risk aversion. The sign of …. We then apply this result to the allocation of risk in the context of both public and private goods. In Section 3, we …

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others' competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others’ competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a …-strategic uncertainty and for beliefs on others' competitiveness and ability. Social image matters, as evidenced by the fact that seniors … stereotype of risk averse and less competitive older employees. …

towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the … controlling for attitudes towards non-strategic uncertainty and for beliefs on others' competitiveness and on relative ability …

willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects … contribute to men winning the tournament significantly more often than women under uncertainty and ambiguity. Hence, previous … uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We …