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stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …
Persistent link: https://www.econbiz.de/10012040579
, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual's risk …-ranked individual is more willing than a low-ranked individual to take risks that can provide him with a rise in rank: relative risk …
Persistent link: https://www.econbiz.de/10012131582
Combining a standard measure of concern about low relative wealth and a standard measure of relative risk aversion … leads to a novel explanation of variation in risk-taking behavior identified and documented by social psychologists and … individual's relative risk aversion decreases when he becomes more relatively deprived as a result of an increase in the average …
Persistent link: https://www.econbiz.de/10012131590
Combining a standard measure of concern about low relative wealth and a standard measure of relative risk aversion … leads to a novel explanation of variation in risk-taking behavior identified and documented by social psychologists and … individual’s relative risk aversion decreases when he becomes more relatively deprived as a result of an increase in the average …
Persistent link: https://www.econbiz.de/10012136176
We estimate the long-term effects of start-up subsidies (SUS) for the unemployed on subjective outcome indicators of well-being, as measured by the participants' satisfaction in different domains. This extends previous analyses of the current German SUS program ("Gründungszuschuss") that...
Persistent link: https://www.econbiz.de/10012136864
stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …
Persistent link: https://www.econbiz.de/10012024287
stronger distaste for low relative wealth translates into reduced relative risk aversion and, consequently, into riskier … prone to divorce exhibit risk-taking behavior that is more similar to that of single men than married men in environments …
Persistent link: https://www.econbiz.de/10012059447
Persistent link: https://www.econbiz.de/10012115093
I study attitudes towards risk taking in cases where a person relates to others positively, namely altruistically. This … this person's risk-taking behavior differ if the utility of another person does not enter his utility function? Does being …? Specifically, holding constant other variables, I ask: is an altruistic person more risk averse or less risk averse than a …
Persistent link: https://www.econbiz.de/10014423411
I study attitudes towards risk taking in cases where a person relates to others positively, namely altruistically. This … this person's risk-taking behavior differ if the utility of another person does not enter his utility function? Does being …? Specifically, holding constant other variables, I ask: is an altruistic person more risk averse or less risk averse than a …
Persistent link: https://www.econbiz.de/10014394252