The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying … positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …

find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …

This article studies the effects of tax competition on the provision of public goods under business risk and partial …

Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk …

) we vary three payoff indices. Indices of risk and temptation capture the unilateral incentives to defect against … reduces cooperation. In neither study, nor in either subject pool of our second study, do we find a significant effect of risk. …

proposing a novel news media-based measure of climate change transition risk and show that when such risk is high, major …

the literature on wage effects we add a breakdown of variances in heterogeneity and risk. …

social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …