In this thesis we consider two comparative statics questions of changes in risk. The first question concerns situations … where an individual faces some risk and has no control over the uncertain environment. In these situations we ask what kind … of changes in risk will cause the individual's expected utility to increase. The second comparative statics question …

the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …

. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …

-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …

Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …

risk aversion and models of the utility function. One particular theory (expected utility with rank dependent probabilities …"Most decisions (political, economic, and social) are made in the context of risk so the subject of human behavior … under risk is of interest to several disciplines. Social science researchers who apply experimental methods to study …

This thesis contributes to the development of theoretical and experimental approaches that extend the analysis of risk … preferences beyond the classical concept of expected utility theory. The thesis contains four main chapters.The first two chapters … are concerned with extensions and applications of the most promising descriptive theories of behavior under risk. In these …