We study the prevalence of the higher order risk attitudes of prudence and temperance in an
experiment with a large demographically representative sample of participants. Under …

Agrobiodiversity can provide natural insurance to risk‐averse farmers by reducing the
variance of crop yield, and to society at large by reducing the uncertainty in the provision of …

This paper considers a common n-agent symmetric rent-seeking game. It derives conditions
so that risk-aversion and risk always decrease rent-seeking efforts. These conditions hold for …

In the face of uncertainty, ecosystems can provide natural insurance to risk averse users of
ecosystem services. We employ a conceptual ecological–economic model in which …

Stefan Felder · Thomas Mayrhofer A Health Economic Primer Third Edition Page 1 Medical
Decision Making Stefan Felder · Thomas Mayrhofer A Health Economic Primer Third Edition …

We take a mechanism design perspective to investigate how environmental agreements
should account for multilateral externalities, incentive compatibility, and voluntary …

We investigate the ambiguity preferences of a unique sample of real-life policymakers at the
Paris UN climate conference (COP21). We find that policymakers are generally ambiguity …

We study prudence and temperance (next to risk aversion) in social settings. Previous
experimental studies have shown that these higher-order risk preferences affect the choices …

The future consequences of climate change are highly uncertain and estimates of economic
damages differ widely. Governments try to cope with these risks by investing in mitigation …

We use a lab-in-the-field experiment to examine how personal experience of good or bad
luck and information about the behavior of others influence the risk taking behavior of small …