Results 11 to 20 of about 15,603,165 (378)
When Should Demographics Enter the Prior? Conditional Exchangeability in Bayesian Estimation of Risk Preferences [PDF]
RisksHierarchical Bayesian models for the estimation of individual risk preferences typically assume that subjects are unconditionally exchangeable: prior to seeing any data, every subject is treated as a draw from a common population distribution. We examine
Xiaoxue Sherry Gao, Glenn W. Harrison
doaj +2 more sources
Dynamic risk preferences under realized and paper outcomes
Journal of Economic Behavior and Organization, 2019 We conduct a large-scale test of dynamic risk preferences. While most of the literature on dynamic risk restricts attention to positively skewed gambles, subjects in our experiment tend to choose negatively skewed lotteries.
Kirby Nielsen
exaly +2 more sources
Farmers' Risk Preferences in Rural China: Measurements and Determinants. [PDF]
Int J Environ Res Public Health, 2017 This study measures farmers’ risk attitudes in rural China using a survey instrument and a complementary experiment conducted in the field with the same sample of subjects. Using a question asking people about their willingness to take risks “in general”,
Jin J, He R, Gong H, Xu X, He C.
europepmc +2 more sources
Higher-order risk preferences in social settings. [PDF]
Exp Econ, 2018 We study prudence and temperance (next to risk aversion) in social settings. Previous experimental studies have shown that these higher-order risk preferences affect the choices of individuals deciding privately on lotteries that only affect their own ...
Heinrich T, Mayrhofer T.
europepmc +2 more sources
Does boredom affect economic risk preferences? [PDF]
Judgment and Decision Making, 2022 Previous literature and conventional wisdom have led researchers to believe that boredom increases economic risk taking, but the evidence in support of this conclusion is limited and has important shortcomings.
Sergio Pirla, Daniel Navarro-Martinez
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ASSIMILATION IN THE RISK PREFERENCES OF SPOUSES [PDF]
Economic Inquiry, 2018 We use correlations in the risk preferences of spouses as a testbed of whether preferences are socially transmitted, rather than being innate as traditionally assumed in economics. We obtain rich measurements of the risk preferences of cohabiting spouses in the rural Ethiopian highlands.
S. Di Falco, Ferdinand M. Vieider
semanticscholar +3 more sources
Adolescent time and risk preferences: Measurement, determinants and field consequences [PDF]
Journal of Economic Behavior and Organization, 2021 Ashlesha Datar, Anya Samek
exaly +2 more sources
Carryover of domain-dependent risk preferences in a novel decision-making task [PDF]
Judgment and Decision Making, 2020 We investigated whether people’s risk taking tendency established in one domain (gains or losses) carries over to the other domain. Participants played a game in which they made repeated decisions between a fixed payoff and a risky option, where the ...
Martin S. Shapiro +2 more
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Journal of Institutional Economics, 2021 In this essay, we honour the memory of Oliver Williamson by reflecting on Chiles and McMackin's 1996 Academy of Management Review article ‘Integrating variable risk preferences, trust, and transaction cost economics’.
J. McMackin, Todd H. Chiles, Long W. Lam
semanticscholar +1 more source
Heterogeneity in Risk-Taking During the COVID-19 Pandemic: Evidence From the UK Lockdown
Frontiers in Psychology, 2021 In two pre-registered online studies during the COVID-19 pandemic and the early 2020 lockdown (one of which with a UK representative sample) we elicit risk-tolerance for 1,254 UK residents using four of the most widely applied risk-taking tasks in ...
Benno Guenther +3 more
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