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Preferences, risk neutrality and risk-sensitive MDPs
A binary preference relation on a real vector space satisfying four (natural) axioms is shown to induce a utility function composed of a linear...
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Association between mindfulness and risk and time preferences
Many studies have investigated the role of socio-demographic factors (including gender, age, race), cognitive ability and cultural factors on time...
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Risk Preferences in the Delegation Process
Political decisions usually involve risks regarding potential outcomes. In an ideal representative system, voters should therefore evaluate...
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Learning your own risk preferences
Do people know their own risk preferences, or do risk choices change with experience and observation? We provide a straightforward test in the...
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Prosocial preferences improve climate risk management in subsistence farming communities
Several governments have tested formal index-based insurance to build climate resilience among smallholder farmers. Yet, adoption of such programmes...
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Patients’ preferences for fracture risk communication: the Risk Communication in Osteoporosis (RICO) study
SummaryThe RICO study indicated that most patients would like to receive information regarding their fracture risk but that only a small majority...
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Higher-order risk preferences and livelihood choices of farmers from West Bengal, India
This paper investigates the relationship between livelihood diversification strategies and risk preferences, including risk aversion, loss aversion,...
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Demonstrated risk preferences and COVID-19 regulations in the United States
Research has pointed towards U.S. state officials setting COVID regulations based on their constituents’ political affiliation. But a further...
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An experimental investigation of social risk preferences for health
In this paper, we use the risk apportionment technique of Eeckhoudt, Rey and Schlesinger (2007) to study higher order risk preferences for others’...
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Eliciting risk preferences in an artefactual field experiment via replication and an alternative approach
This paper investigates risk preferences using an artefactual field experiment conducted with a non-standard subject pool of farmers in Ghana. I...
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Climate risk perceptions, change in water demand, and preferences for future interlocal collaboration
In a world of increasing pressures from climate change, water utilities need to maintain—or even improve—their ability to continue provision safe and...
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Evolution of Risk-Taking Behaviour and Status Preferences in Anti-coordination Games
This paper analyses how risk-taking behaviour and preferences over consumption rank can emerge when individuals have an incentive to coordinate their...
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Risk preferences and contract choices
We conducted a series of field experiments to investigate the ability of experimentally measured risk preferences to predict the contractual choices...
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Portfolio Allocation with Dynamic Risk Preferences via Reinforcement Learning
In the realm of investment, the mean–variance model serves as an efficacious method for constructing investment portfolios, as it is underpinned by a...
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Risk and time preferences interaction: An experimental measurement
We experimentally characterize and measure the interaction between risk and time preferences. Our results indicate that risk and time preferences are...
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The Intergenerational Transmission of Risk Preferences: Evidence from Field Experiments in China and Korea
In this study, we conduct field experiments with 196 worker-parent pairs from two companies in China and South Korea and explore factors that affect...
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Public Preferences for Genetic and Genomic Risk-Informed Chronic Disease Screening and Early Detection: A Systematic Review of Discrete Choice Experiments
PurposeGenetic and genomic testing can provide valuable information on individuals’ risk of chronic diseases, presenting an opportunity for...
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Estimating risk and time preferences over public lotteries: Findings from the field and stream
Public lotteries for non-market goods provide a unique field counterpart to experimental lotteries with monetary payoffs for investigating risk and...
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The locus of dread for mass shooting risks: Distinguishing alarmist risk beliefs from risk preferences
Data from three surveys before and after the 2022 mass shootings in Buffalo and Uvalde provide a natural experiment to assess perceptions and...
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Risk preferences and risk perceptions in insurance experiments: some methodological challenges
The ability to run experiments, or to see natural data as a quasi-experiment, does not free one from the need for theory when evaluating insurance...