This paper compares two prominent empirical measures of individualrisk attitudes | the Holt and Laury (2002) lottery-choice task and the multi-itemquestionnaire advocated by Dohmen, Falk, Human, Schupp, Sunde and Wagner(forthcoming) | with respect to (a) their within-subject stability over time...

This Geneva Association “insurance reader on the credit crisis” has been put togetheras a reaction to the widespread demand for reliable information on and an intellectualappreciation of the insurance sector’s involvement in the credit crisis. Since the end of2007, The Geneva Association...

Dieser Artikel entwickelt seine Argumentation in drei Schritten. Im ersten Schritt wirdHannah Arendts These von der Banalität des Bösen und ihre hiermit korrespondierendeThese von der Radikalität des Guten rekonstruiert. Der zweite Schritt erläutert die wirtschaftsethischeThese von der...

In a large-scale laboratory experiment, we investigate whether subjects’ scores on the cognitivereflection test (CRT) are related to their susceptibility to the base rate fallacy, the conservatismbias, overconfidence, and the endowment eect.