can generate systematic biases in revealed preference measures such as spurious risk aversion. These effects are very …

Although risk aversion has been used in economic models for over 275 years, the past few decades have shown how higher … order risk attitudes are also quite important. A behavioral approach to defining such risk attitudes was developed by … lattices can be extended in order to develop a better understanding of higher order risk attitudes. …

attitudes towards ambiguity and compound risk which suggests that compound risk aversion may provide a psychological foundation … for ambiguity aversion. However, compound risk aversion and ambiguity aversion may also be independent psychological …’s ability to reduce compound to simple risks, and analyzing how this affects their compound risk and ambiguity attitudes in …

This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a … data on lottery sales in Chinese provinces to estimate the short- and long-run effect of EPU on gambling. Our results … suggest that EPU has a significant positive effect on gambling in the short run. In addition, we find that this positive …

. Focusing on football (soccer), we built a novel dataset of national teams of European countries that have participated in the …

This paper examines the relation between crowd support and home advantage in professional football in making use of a … football divisions during the 2019/2020 season. We find that there is a reduced home advantage in the first division, whereas …

This paper quantifies how much of violent crime in society can be attributed to football-related violence. We study the … universe of professional football matches played out in Germany's top three football leagues over the period 2011-2015. To … violent crimes on days with and without professional football matches while controlling for date heterogeneity, weather, and …