Showing 1 - 10 of 2,742
increases in risk taking. Where we can separately identify changes in risk-independent performance and risk taking, our … increases in risk taking. These effects are concentrated among those closest to the margin of elimination and among lower …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011731884
take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011880595
How does small-firm employment respond to exogenous labor productivity risk? We find that this depends on the … depends on the weather. Weather risk reduces this employment, and the effect is stronger in regions where the regional banks …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013358738
for firms. We rationalize these findings in a model of risk sharing between a risk-averse firm and workers with limited …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10015190246
This paper examines whether risk-taking in a lottery depends on the opportunity to respond to the lottery outcome …/or extra labor effort. We find strong evidence that ex-post access to labor opportunities reduces ex-ante risk willingness … while access to tax evasion has no effect on risk behavior. We discuss possible explanations for this result based on the …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010238206
We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk … life. For each risk, subjects can pay premiums in order to reduce the likelihood of total bankruptcy. Our results show a … complex interplay of mortality perception and demand for risk reduction. We observe that perceived annual mortality positively …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010418886
excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in … financial risk. We also find that families with employer stock are found to express more tolerance of financial risk, have … financial risk does not appear to represent a substantial problem in practice for most employee share owners, a small minority …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012002671
We evaluate the impacts of adopting algorithmic predictions of future offending (risk assessments) as an aid to … judicial discretion in felony sentencing. We find that judges' decisions are influenced by the risk score, leading to longer … evidence that this reshuffling led to a decline in recidivism, and, over time, judges appeared to use the risk scores less …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012149079
find support for risk dominance of TFT as a determinant of cooperation. This comment introduces the "Payback" strategy … captures most of the empirical support previously attributed to TFT, and that the risk dominance criterion based on Payback can …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012805575
form of risk taking aimed at regaining rank, and it is the engagement in risk-taking behavior that is the cause of an … standing) and stress, do not refer to risk taking at all. We present four strands of research that lend support to our …, individuals resort to risk-taking behavior aimed at regaining their lost rank; evidence that there exists a link between …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014545099