In other words, while the self-reported level of risk of entrepreneurs is not statistically different from the rest of the population, their actual level of risk aversion is significantly lower because they interpret the scale in a different way.
Several measures of risk aversion receded slightly.
British cinemas are stuck in a cycle of risk aversion.
"There is a renewed bout of risk aversion.
We find that search heuristics are not related to measures of risk aversion, but to measures of loss aversion.
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions.
The effects of risk aversion of these results are also discussed.
In particular, some level of risk aversion is observed to be beneficial to GenCos, whereas excessive risk aversion degrades profits by causing intense price competition.
With risk aversion, the optimal contract parameters may vary significantly across the three designs and across varying levels of risk aversion.
Using framed field experiments with cotton farmers in Southern Mali, we elicited the coefficients of risk aversion and compound-risk aversion.
