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Risk Preferences Are Not Time Preferences [PDF]
Risk and time are intertwined. The present is known while the future is inherently risky. This is problematic when studying time preferences since uncontrolled risk can generate apparently present-biased behavior. We systematically manipulate risk in an intertemporal choice experiment.
Andreoni, James, Sprenger, Charles
openaire +4 more sources
IntroductionProsocial risky behavior (PRB) proposes that individuals take risks for others’ benefits or social welfare, and that this may involve trade-offs between risk and social preferences.
Changlin Liu +4 more
doaj +1 more source
Who decides in the household when risk preferences conflict? [PDF]
Women’s low involvement in household decisions is an important cause of the persistence of gender inequality in developing countries, as it constrains women’s access to resources and opportunities.
D'Exelle B, Ringdal C.
europepmc +2 more sources
Risk Preferences at the Time of COVID-19: An Experiment with Professional Traders and Students
We study whether the COVID-19 pandemic has impacted risk preferences, comparing the results of experiments conducted before and during the outbreak In each ...
M. Angrisani +4 more
semanticscholar +1 more source
Risk Preferences and Their Robust Representation [PDF]
To address the plurality of interpretations of the subjective notion of risk, we describe it by means of a risk order and concentrate on the context invariant features of diversification and monotonicity. Our main results are uniquely characterized robust representations of lower semicontinuous risk orders on vector spaces and convex sets.
Samuel Drapeau, Michael Kupper
openaire +2 more sources
Depression, Risk Preferences, and Risk-Taking Behavior
Depression affects the way that people process information and make decisions, including those involving risk and uncertainty. Our objective is to analyze the way that depressive episodes shape risk preferences and risktaking behaviors.
D. Cobb-Clark +2 more
semanticscholar +1 more source
Understanding gambling behaviour and risk attitudes using cryptocurrency-based casino blockchain data [PDF]
The statistical concept of gambler’s ruin suggests that gambling has a large amount of risk. Nevertheless, gambling at casinos and gambling on the Internet are both hugely popular activities.
Jonathan Meng, Feng Fu
doaj +1 more source
The Role of Time Preferences in Compliance With COVID-19 Preventive Behaviors in Iran: A Quasi-hyperbolic Discounting Approach [PDF]
Objectives: This study aimed to investigate the role of time preferences in compliance with coronavirus disease 2019 (COVID-19) preventive behaviors in an adult population of Iran.
Moslem Soofi +4 more
doaj +1 more source
Risk Preferences are Not Time Preferences: Comment [PDF]
Andreoni and Sprenger (in press) report evidence that distinct utility functions govern choices under certainty and risk. I investigate the robustness of their result to the experimental design. I find that the effect disappears completely when a multiple price list is used instead of a convex time budget design.
openaire +3 more sources
To pay or not to pay: Measuring risk preferences in lab and field
Measuring risk preferences in the field is critical for policy, however, it can be costly. For instance, the commonly used measure of Holt and Laury (2002) relies on a dozen of lottery choices and payments which makes it time-consuming and costly.
Pablo Brañas-Garza +4 more
semanticscholar +1 more source

