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 …

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 …

-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 …

Risk is one of the key aspects in financial decision-making and therefore an integral part of the behavioral economics … and finance literature. Focusing on the conceptualization of the term "risk", which researchers have addressed from … numerous angles, this comment aims to offer a critical perspective on the interactions between risk preferences (a latent trait …