Showing 1 - 10 of 12
find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …
Persistent link: https://www.econbiz.de/10012213128
Experimental studies of the WTP-WTA gap avoid social trading by implementing an incentive compatible mechanism for each individual trader. We compare a traditional random price mechanism and a novel elicitation mechanism preserving social trading, without sacrificing mutual incentive...
Persistent link: https://www.econbiz.de/10010229862
social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …
Persistent link: https://www.econbiz.de/10013440406
degree of pessimism of the representative agent is the mean of the individual ones weighted by their index of absolute risk …
Persistent link: https://www.econbiz.de/10011507677
consequences. Although risk preferences are likely important, existing research is silent about how social and risk preferences … not exposed to risk while beneficiaries' final earnings may be larger or smaller than the allocation itself, depending on … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …
Persistent link: https://www.econbiz.de/10011565561
empirically show two main findings: first, risk-taking is positively related to the length of tax loss periods because the loss … rules shift some risk to the government; and second, the tax rate has a positive effect on risk-taking for firms that expect …
Persistent link: https://www.econbiz.de/10011688417
Many studies document systematic gender differences in a variety of important economic preferences, such as risk … degrees of risk. We also observe policy differences between male- and female-controlled groups, though these are considerably …
Persistent link: https://www.econbiz.de/10011761608
We argue that risk sharing motivates the bank-wide structure of bonus pay. In the presence of financial frictions that … make external financing costly, the optimal contract between shareholders and employees involves some degree of risk … to rationalize with incentive theories of bonus pay - but support an important risk sharing motive. In particular …
Persistent link: https://www.econbiz.de/10011966886
A group of decision makers simultaneously make contributions towards a green fund that reduces the future probability of a climate catastrophe. We derive the theoretical predictions of the effects on contributions arising from 'behavioral parameters' such as loss aversion and present-bias;...
Persistent link: https://www.econbiz.de/10014391321
or 1.5oC. The safe carbon budget is lower if uncertainty about the transient climate response is high and risk tolerance …
Persistent link: https://www.econbiz.de/10011717248