We refine modelling of the radical innovation decision in this paper by extending real option theory to include non …

We study the relative risk aversion of an individual with particular social preferences: his wellbeing is influenced by …, the individual becomes more risk averse when he rises in the wealth hierarchy. Second, if the individual's level of … intensification is strong enough, then the individual becomes less risk averse: the individual's desire to advance further in the …

In "new" new international trade theory, whether firms export or not are determined by their productivity. These models …

competition aversion for generating gender wage gaps. Cross-subject design treatment and control experiments suggest that gender … differences in risk aversion play no significant role in competitive (tournament) vs. piece-rate job choices and consequent gender … wage gaps. Subjects in the treatment experiments are sorted into relatively more and relatively less risk averse groupings …

We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a … stereotype of risk averse and less competitive older employees …

This paper aims to measure differences in risk behavior among expert chess players. The study employs a panel data set … rating. In line with previous research, we find that women are more risk-averse than men. A novel finding is that males …

This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes … truncation of the data, allows to precisely estimate both risk aversion and risk seeking, and is not affected by the degree of … gap that often characterizes choices under uncertainty by means of a higher loss rather than risk aversion …

We investigate risk aversion as a driver of labour market discrimination against homosexual men. We show that more … hiring discrimination by more risk-averse employers is consistent with taste-based and statistical discrimination. To test … heterosexual or homosexual job candidate. In addition, participants are surveyed on their risk aversion and other characteristics …

We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and … compared their attitudes to a standard Western university student sample elicited by the same decision task. Strong risk … students, but peasants were more risk averse. Testing for the effect of socio-economic variables on uncertainty attitudes …