show that the assumption of positive discounting is not always true. The presented experimental study shows how a decrease … in probability increases the chances of negative discounting. According to the results, the expected large, uncertain … in the frequency of negative discounting due to increased uncertainty. The results of the study broaden the existing …

social value judgments and individuals’ risk preferences, the latter raising an empirical question about choices under …, raises further complications regarding the relationship between social judgments and individuals’ risk preferences …

resolution of risk, (iii) show different discounting formulas depending on the magnitude of risk and on the timing of its …The paper reexamines the welfare economics of intergenerational risk. Risk and its resolution over time are modeled as … preferences to (i) disentangle aversion to intergenerational inequality from aversion to risk, (ii) exhibit a preference for early …