It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...

It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...

The COVID-19 pandemic is characterized by social distancing regulations in many countries. At a first glance, such regulations seem to harm residents’ networking, their volunteering, trust, cohesion building activities, etc. which are important facets of social capital. In this study, we...