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specification includes two parameters: one for ambiguity attitudes and another for risk attitudes. We also estimate a three …
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regularities by developing a new firmbased trade model wherein managers are risk averse. Higher volatility induces the reallocation …
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Diese Dissertation besteht aus drei Aufsätzen aus den Bereichen Arbeitsmarktökonomie, berufliche Vorsorge und Sozialpolitik, die sich mit den Auswirkungen öffentlicher Gesetzgebung und makroökonomischer Schocks auf individuelle Verhaltensweisen befassen. Der zweite und dritte Aufsatz...
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severe harvest losses leads to more risk aversion and stronger overweighting of small probabilities. Higher losses are not …
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risk preferences. Furthermore, religious beliefs are thought to explain differences in risk-preparedness on the individual … level. We analyze these two possible determinants of individual risk attitudes: nationality and religion. First addressing … the study of risk attitudes in a literature review, we then test our hypotheses empirically using the large …
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