-stated risk attitudes by exploiting changes in media coverage of economic news. We use information on risk attitudes from the … and the month preceding the date of the risk attitude elicitation. Using fixed effects regressions we observe effects of … that are aggregated over the previous month, however, relates to a decrease in risk aversion if the news are predominantly …

We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk … life. For each risk, subjects can pay premiums in order to reduce the likelihood of total bankruptcy. Our results show a … complex interplay of mortality perception and demand for risk reduction. We observe that perceived annual mortality positively …