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An Alternative Explanation for the Variation in Reported Estimates of Risk Aversion
variability in risk aversion estimation mean-variance estimation location scale
2012/10/22
There is a large literature estimating Arrow-Pratt coefficients of absolute and relative risk aversion. A striking feature of this literature is the very wide variation in the reported estimates of th...
Gender Differences in Risk Aversion: Do Single-Sex Environments Affect their Development?
gender risk preferences single-sex groups cognitive ability
2012/10/19
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in economically important ways. To test this, we designed a controlled experiment using first ...
The Optimal Dole with Risk Aversion and Job Destruction
Optimal Dole Risk Aversion Job Destruction
2009/11/5
This paper extends earlier research on optimal unemployment insurance (UI) by developing an equilibrium search model that encompasses simultaneously several theoretical and institutional features that...
Absolute Risk Aversion and the Returns to Education
Returns to education instrumental variables
2013/10/17
Individual absolute risk aversion is measured for a sample of 1373 male household heads, using the 1995 wave of the Survey on the Income and Wealth of Italian households. This measure, conditional on ...