This paper explores the relationship between self-declared risk aversion of private investors and their willingness to … Socioeconomic Panel (SOEP) that provides a reliable measure of individual attitude towards financial risk. Our empirical findings … suggest that more risk averse investors tend to hold incomplete portfolios that consist mainly of a few safe assets. We also …

This study questions the popular stereotype that women are more risk averse than men in their financial investment …

We investigate whether the willingness to take investment risk is a sex-linked trait and link the results to the … self-reported risk tolerance for Austria, Italy, the Netherlands and Spain. Of those countries, Italy is by far the country …

Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared … to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate … educational choice, which involves the comparison of risky future income paths and therefore depends on risk and time preferences …

In an open-shop model of trade union membership with heterogeneity in risk attitudes, a worker's relative risk aversion … can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining … outcomes. Using German panel data (GSOEP) and three novel direct measures of individual risk aversion, we find evidence of a …

comparably low returns and high risk has become known as the private equity premium puzzle. This paper provides evidence … supporting the hypothesis that lower risk aversion of entrepreneurs, and not necessarily credit constraints, may explain this … portfolios and experimentally validated risk attitudes. The results show that both the ownership probability and the conditional …

comparably low returns and high risk? This paper connects several streams of literature to shed some light on this puzzle and … financial markets and that entrepreneurs are less risk-averse than the rest of the population. A focus of this paper is …, therefore, on the role of heterogeneous risk attitudes in entrepreneurial decisions, specifically portfolio choice and the entry …

specific characteristics in particular "risk attitudes" and "locus of control" have strong effects on entry and survival. With …

This paper explores the relationship between self-declared risk aversion of private investors and their willingness to … Socioeconomic Panel (SOEP) that provides a reliable measure of individual attitude towards financial risk. Our empirical findings … suggest that more risk averse investors tend to hold incomplete portfolios that consist mainly of a few safe assets. We also …

This study questions the popular stereotype that women are more risk averse than men in their financial investment …