Results 21 to 30 of about 5,872,978 (311)
Farmers’ Attitudes towards Risk—An Empirical Study from Poland
Agronomy, 2020 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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Risk Aversion and Religion [PDF]
Journal of Risk and Uncertainty, 2012 Using a dataset for a demographically representative sample of the Dutch population, containing a revealed preference risk attitude measure, as well as very detailed information about participants’ religious background, we study three issues raised in previous literature.
Noussair, C.N. +3 more
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Journal of Applied Economics, 2022 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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Risk Aversion and Emotions [PDF]
SSRN Electronic Journal, 2013 Abstract We consider the relationship between emotions and decision‐making under risk. Specifically, we examine the emotional correlates of risk‐averse decisions. In our experiment, individuals' facial expressions are monitored with face reading software, as they are presented with risky lotteries.
Nguyen, Y., Noussair, C.N.
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Statistics of Risk Aversion [PDF]
, 2017 Information about risk preferences from investors is essential for modelling a wide range of quantitative finance applications. Valuable information related to preferences can be extracted from option prices through pricing kernels. In this paper, pricing kernels and their term structure are estimated in a time varying approach from DAX and ODAX data ...
Enzo Giacomini, Wolfgang Karl Härdle
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IEEE Access, 2023 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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Anomalies: Risk aversion [PDF]
Journal of Economic Perspectives, 2001 Economists ubiquitously employ a simple and elegant explanation for risk aversion: It derives from the concavity of the utility-of-wealth function within the expected-utility framework. We show that this explanation is not plausible in most applications, since anything more than economically negligible risk aversion over moderate stakes requires a ...
Matthew Rabin, Richard H. Thaler
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Risk and Probability Premiums for Cara Utility Functions
Journal of Agricultural and Resource Economics, 1993 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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Time-varying risk aversion : an application to energy hedging [PDF]
, 2009 Risk aversion is a key element of utility maximizing hedge strategies; however, it has typically been assigned an arbitrary value in the literature. This paper instead applies a GARCH-in-Mean (GARCH-M) model to estimate a time-varying measure of risk ...
Cotter, John, Hanly, Jim
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Risk Aversion is Associated with Decision Making among Community-Based Older Persons
Frontiers in Psychology, 2012 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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