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Farmers’ Attitudes towards Risk—An Empirical Study from Poland
Risk aversion is an important research area in the field of agricultural economics in the last years. Creating effective and efficient risk management tools in an increasingly volatile economic and natural environment requires proper recognition of ...
Piotr Sulewski +5 more
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The risk attitude plays an important role in analyzing decision making under uncertainty. It is essential to confirm whether the risk aversion parameter in a certain situation, called “domain,” can be applied to other situations.
Yoichiro Fujii, Noriko Inakura
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With the increase of black swan incidents, cross-border e-commerce supply chains are facing more risks. Out-of-stock aversion and waste aversion are examined as the risk preferences of cross-border e-commerce platforms and overseas warehouses based on ...
Xin Xu, Shaojie Zhou
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Risk and Probability Premiums for Cara Utility Functions
The risk premium and the probability premium are used to determine appropriate coefficients of absolute risk aversion under CARA utility. A defensible range of risk aversion coefficients is defined by the coefficients that correspond to risk premiums ...
Bruce A. Babcock +2 more
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Collective risk aversion [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jouini, Elyès +2 more
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Measuring Risk Aversion and the Wealth Effect [PDF]
Measuring risk aversion is sensitive to assumptions about the wealth in subjects’ utility functions. Data from the same subjects in low- and high-stake lottery decisions allow estimating the wealth in a pre-specified one-parameter utility function ...
Heinemann, Frank
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Risk Aversion is Associated with Decision Making among Community-Based Older Persons
Background: Risk aversion is associated with many important decisions among younger and middle aged persons, but the association of risk aversion and decision making has not been well studied among older persons who face some of the most significant ...
Patricia eBoyle +3 more
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This article demonstrates that exaggerated risk aversion may comprise a rational form of strategic behaviour in the face of asymmetric information. Unlike some other forms of strategic behaviour analysed previously, this behaviour confers a benefit in the form of higher ex post consumption (not merely higher expected consumption or expected utility ...
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Risk Aversion and Religion [PDF]
We use a dataset for a demographically representative sample of the Dutch population that contains a revealed preference risk attitude measure, as well as detailed information about participants’ religious background, to study three issues. First, we find strong confirmatory evidence that more religious people, as measured by church membership or ...
Noussair, C.N. +3 more
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PARENTAL RISK AVERSION AND INVESTMENT IN CHILDREN’S EDUCATION
Introduction: The purpose of this study is to investigate the relationship between risk aversion and spending in children’s education. Spending in children’s education can be classified as an investment with uncertain outcomes and the return might yield
Janaska Nurrachmat, Prani Sastiono
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