Experiments on Risk Attitude: The Case of Chinese Students [PDF]
This paper examines Chinese students' risk attitude using buying and selling experiments with lotteries. We found that subjects were more risk averse in the buying experiment than in the selling experiment, suggesting the endowment effect. In the selling
Fumio OhtakeAuthor-Name: +4 more
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Generative AI, ESG Sensemaking, and Environmental Performance: an OIPT Perspective
ABSTRACT Despite growing enthusiasm for generative artificial intelligence (GenAI) in sustainability management, it remains unclear how such technologies translate vast ESG information into meaningful environmental outcomes. This study addresses this gap by investigating how ESG sensemaking capability mediates the relationship between GenAI integration
Surajit Bag +3 more
wiley +1 more source
On a Simple Survey Measure of Individual Risk Aversion [PDF]
We ask individuals for their reservation price of a specified lottery and deduce their Arrow-Pratt measure of risk aversion. This allows direct testing of common hy-poth-eses on risk atti-tudes in three datasets.
Ada Ferrer-i-Carbonell +2 more
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ESG Performance, Debt Financing, and R&D Output: Evidence From the Healthcare Sector
ABSTRACT Amid growing calls for sustainability in the healthcare sector, this study examines how and under what conditions environmental, social, and governance (ESG) performance influences research and development (R&D) output. Although existing studies suggest that ESG performance enhances R&D output, the financial mechanisms that enable or constrain
Sarmad Ali +2 more
wiley +1 more source
Risk Aversion or Risk Management?: How Measures of Risk Aversion Affect Firm Entry and Firm Survival [PDF]
The link between measured risk aversion and the decision to become an entrepreneur is well established, but the link between risk preferences and entrepreneurial success is not. Standard theoretical models of occupational choice under uncertainty imply a
Cho, In Soo, Orazem, Peter
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Nudging ESG Investments via Digital Financial Advising: Evidence From an Investment Game Experiment
ABSTRACT The influence of financial advisors on retail investors' sustainable investment choices remains surprisingly underexplored, despite their potential to shape investment behavior. This study uses an experimental design to examine how sustainability‐related information provided by a digital (simulated) financial advisor affects individual demand ...
Caterina Lucarelli +2 more
wiley +1 more source
Sales Mode Selection and Blockchain Adoption for Platform Supply Chain Under Risk Aversion
Uncertainty in consumer purchasing behavior within online markets propels manufacturers to adopt blockchain for risk mitigation, reshaping supply chain operational dynamics.
Yu Jing, Fengzhi Liu
doaj +1 more source
The equilibrium of cloud manufacturing system under cost uncertainty
In this paper, we explore the equilibrium problem of cloud manufacturing system (CMfgS) with cost uncertainty. We propose a CMfgS supernetwork model in which decision-makers (resource service providers (RSPs), the agent and resource service demanders ...
Wei GUO, Wei PENG, Lei WANG
doaj +1 more source
Job loss and health threatening events modulate risk-taking behaviours in the Covid-19 emergency
Covid-19 pandemic is exerting a tragic impact all around the world. First-person experience of life-threatening and stressful events can modify individuals’ risk perception, and, consequently, risk-taking behaviours.
Caterina Galandra +6 more
doaj +1 more source
The paper investigates, and estimates, banks’ risk aversion that is factored into the spread between the interest rate on time deposits and the interest rate on non-time deposits.
Yasuo Nishiyama
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