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This paper examines whether risk-taking in a lottery depends on the opportunity to respond to the lottery outcome …/or extra labor effort. We find strong evidence that ex-post access to labor opportunities reduces ex-ante risk willingness … while access to tax evasion has no effect on risk behavior. We discuss possible explanations for this result based on the …
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Objectives: This study seeks to estimate whether individuals' risk and time preferences are predictive of self … employment status and entry. Prior Work: The low risk aversion of those who are self employed is well established in theory and … empirical evidence, there is less evidence however on whether risk seeking in existing employees predicts future self employment …
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Future events are uncertain by their very nature. Therefore, people's risk preferences are likely to play a role in the … people's risk taking behavior is indeed a significant determinant of their time discounting behavior: Greater departures from …
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of our study was to examine whether and how deep parameters such as time and risk preferences affect the intention to …-earthquake control) on the effect of natural disasters on time and risk preferences. We find unambiguous effects towards more risk …
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