Showing 1 - 10 of 16
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 likely contributes to the predictive power of the …
Persistent link: https://www.econbiz.de/10011986900
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://www.econbiz.de/10011880595
Persistent link: https://www.econbiz.de/10011938671
Persistent link: https://www.econbiz.de/10011925179
-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated … with the wage dispersion of an individual's occupation. -- dispersion estimation ; earnings risk ; censoring ; quantile …
Persistent link: https://www.econbiz.de/10009534948
-coded administrative wage data from the German IAB Employment Sample (IABS). We then relate these robust measures of earnings risk to the … risk attitudes of individuals working in these occupations. We find that willingness to take risk is positively correlated …
Persistent link: https://www.econbiz.de/10009775634
This paper investigates whether risk preferences explain how individuals are sorted into occupations with different … willingness to take risks whose behavioral relevance has been validated in previous work. As a measure of earnings risk, we use … relating earnings risk to the measure of individual risk preference, our evidence shows that individuals with low willingness …
Persistent link: https://www.econbiz.de/10003253467
Persistent link: https://www.econbiz.de/10003586675
and risk perceptions affect marginal willingness to pay (MWTP) to reduce risk, using data from a stated preference survey …. Results indicate that risk perceptions individuals held before receiving risk information are plausibly related to objective … risk factors and reflect individual-specific information not found in aggregate measures of objective risk. After receiving …
Persistent link: https://www.econbiz.de/10012830379
Persistent link: https://www.econbiz.de/10012372838