The uncertainty that accompanies the modern capital market leads to change and to create various forms of risk … theoretical research in the field: the investment portfolio, risk management, investment and pension funds, insurance policies …

explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk … preferences, standard risk aversion and labour supply behaviour, (ii) the risk properties of education, and (iii) the degree of …

virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of … heterogeneity and risk, surveys the analytical models, laments the absence of a good workhorse model and points out the challenges … worth tackling: document ex ante risk that investors face, develop a tractable and malleable analytical model and integrate …

consumer toward risk, time preference, and intertemporal substitution. The null hypothesis is that a growing government sector … does not affect the consumer's behavior, and the alternative is that it causes him to become less risk averse, more …

In this paper we show that the wildly popular Holt and Laury (2002) risk preference elicitation method confounds … estimates of the curvature of the utility function, the traditional notion of risk preference, with an estimate of the extent to … that our new method yields significantly different levels of implied risk aversion than the Holt and Laury task even after …

Decisions of investing in sovereign assets involve both risk and ambiguity. Ambiguity arises from unknown elements …

between systemic risk and information asymmetries – hence the justification for greater focus on information channels as well …