The amount of redistribution people favor depends on socioeconomic factors and their views on fairness. This study … younger people. People’s views on fairness and altruism also play a role. The study also shows for the first time that … individual differences in risk aversion correlate with redistributive preferences. People who shy away from risk tend to wish for …

One of the standard predictions of the agency theory is that more incentives can be given to agents with lower risk … obtain that lower agent’s risk aversion unambiguously leads to higher incentives when the technology function linking … efficiency and riskiness is elastic, while the risk aversion–incentive relationship can be positive when this function is rigid. …

On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On … matters. In investment and insurance contexts with given probabilities women seem to expose approximately the same risk … information may be important. We conducted a lottery experiment introducing three types of probability information: pure risk …

This paper studies the optimal contract offered by a risk-neutral principal to a risk-averse agent when the agent …

likely to differ in their tolerance for risk. In this paper, I investigate a contracting scheme designed to mitigate the … asymmetric information problem where agents are heterogeneous in their tolerance for risk. Mechanisms that recognize the …' private information about risk tolerance, offer a sensible way to approach the problem. These contracts are generally a …

introducing a behavioral individual risk aversion and a learning ability influencing the process of expectations formation …. Results show that individual learning may play a role in stabilizing the aggregate market dynamics, whereas the risk aversion …