This paper analyses the relation between individual migrations and the risk attitudes of other household members when … migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution … of risk attitudes among all household members, and that the risk diversification gain to other household members may …

This paper analyses the relation between individual migrations and the risk attitudes of other household members when … migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution … of risk attitudes among all household members, and that the risk diversification gain to other household members may …

their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …

their choice has an externality on third parties. One typical application is a household. We run an experiment in the German … household member, but shy away from exposing others to risk. We model the situation, and we find four distinct types of …