risk preferences
Eliciting Risk Preferences: A Field Experiment on a Sample of French Farmers
... In the context of increasing risks in agriculture, we designed a field experiment involving real payments to elicit farmers’ risk preferences. We especially tested for two descriptions of farmers’ ...
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Bank risks, risk preferences and lending
... The analysis of the estimation results suggest that they give some (although not strong) support to the conjecture that bank loan supply reaction to the monetary policy shock might depend on banks’ risk ...
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The Economic Relevancy of Risk Preferences Elicited Online and With Low Stakes
... traditional laboratory methods, we provide evidence supporting the relevancy of online experiments in economic research. Other works (c.f., Horton et al., 2011; Amir et al., 2012) also document the similarity of results ...
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Estimating Risk Preferences from Deductible Choice
... in risk preferences, there are no testable restrictions imposed by expected utility ...extreme risk probabilities, which are close to zero or ...on risk probabilities which are all in the ...
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Risk preferences in surrogate decision making
... involving risk. Risk preferences are attenuated when making decisions for other people: risk-averse participants take more risks for others whereas risk-seeking participants take ...own ...
8
Eliciting Risk Preferences: Firefighting in the Field
... the risk preferences in both tasks are highly positively correlated such that a 1-unit increase in the coefficient of relative risk aversion in the GP task increases the coefficient in the EG task by ...
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On the sources of risk preferences in rural Vietnam
... shaping preferences and risk attitudes (for example, van den Berg, Fort and Burger, 2009; Cameron and Shah, 2010; Cassar, Healy and Kessler, 2011) 1 ...on risk preferences of village ...the ...
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Asset Returns and State-Dependent Risk Preferences
... agent’s preferences display state-dependent risk ...consumption risk as well as the risk associated with variations in ...linking risk aversion with state ...consumption risk is ...
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On the sources of risk preferences in rural Vietnam
... which risk attitudes are innate or shaped by environment is important for making ...shaping preferences and risk attitudes (van den Berg, Fort and Burger, 2009; Cameron and Shah, 2010; Cassar, Healy ...
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Higher-order risk preferences in social settings.
... theory risk aversion is captured by a negative second derivative of the utility ...mixed risk aversion, which means that the derivatives of the utility functions exhibit alternating signs (see Brocket and ...
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The role of information search and its influence on risk preferences
... Abstract According to the ‘Description–Experience gap’ (DE gap), when people are provided with the descriptions of risky prospects they make choices as if they over- weight the probability of rare events; but when making ...
29
Bank risks, risk preferences and lending
... The analysis of the estimation results suggest that they give some (although not strong) support to the conjecture that bank loan supply reaction to the monetary policy shock might depend on banks’ risk ...
27
On the Robustness of Higher Order Risk Preferences
... order risk preferences play in a variety of ...order risk preferences generally conform to mixed risk averse and mixed risk loving patterns that arise from a preference for ...
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The Nature of Risk Preferences: Evidence from Insurance Choices
... "standard" risk aversion (concave utility over …nal wealth), loss aversion, and nonlinear probability ...standard risk aversion is statistically signi…cant but economically small, loss aversion is ...
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Essays on health economics and risk preferences
... I find that hospital size and total inpatient days decreased by almost a 20 percent, hospitals substitute towards more Medicare patients, and many converting hospitals clos[r] ...
147
Risk Preferences Are Not Time Preferences
... baseline risk conditions: ( i ) a risk-free condition where all payments, both sooner and later, will be made 100 percent of the time; and ( ii ) a risky condition where, independently, sooner and later ...
20
Time and Risk Preferences and the Use of Asthma Controller Medication
... safest, whereas option B was an in- creasingly attractive but risky gamble. The point at which respondents switch from the safe option to the risky rep- resents a de fi ned range of risk toler- ance. Those who ...
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Essays on trust, risk preferences and institutional changes in Vietnam
... The results fron1 Chapter 2 show that the war veterans has had long-tenn effects on economic development in Vietnam through their impact on overall provincial econ01nic governance and ot[r] ...
198
Risk Pooling, Risk preferences, and Social Networks
... very risk averse at low levels of consumptions – for instance because of subsistence constraints – but not at higher levels of consumption may be happy to form a group with a trustworthy risk loving person ...
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Four essays on risk preferences, entrepreneurship, earnings, occupations, and gender
... between risk-taking propensity and ...intermediate risk does not necessarily mean an inverse U-shaped relationship between risk attitudes and ...less risk aversion is associated with higher ...
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