labor-income risk can explain much of this risk-taking pattern. Uncontrollable labor-income risk stresses middle …, middle-income households reduce (controllable) financial risk. Richer households, having less pressure, can afford more risk …-taking. The poor take low risk because they avoid jeopardizing their subsistence consumption. …

Firms seem to care a lot about "risk management": the practice of hedging risks whether they are correlated with market … risk or not. The standard reasons why widely held corporations might be averse to idiosyncratic risk are based on the …: idiosyncratic risk makes business decisions more difficult. Risk can increase the value of investment projects because of option …

This paper deals with the risk of opportunism – the usual risk in economic exchanges. The breach of contract is … sciences. Our discussion deals with the current knowledge of the ways societies are coping with the risk of opportunism … economics or economic sociology is a necessary and valuable ingredient for theories of contractual risk. Without our knowledge …

differences in risk premia. We deduct testable hypotheses on the basis of which we empirically analyze the impact of uncertainty …

stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …

stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …

stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …