Underlying preferences are often considered to be persistent, and are important inputs into
economic models. We first conduct an extensive review of the disparate literature studying …

Throughout the financial literature, there is a great deal of debate about the nature of
investors' risk preferences. In an ever-changing world, the main schools of knowledge …

In the wake of growing awareness, decision makers anticipate that they might acquire
knowledge that, in their current state of ignorance, is unimaginable. Supposedly, this …

Controlling default risks and mitigating the negative impacts of risk aversion behaviors are
crucial in supply chain financial activities. However, limited academic research exists on …

Non‐pharmaceutical interventions (NPIs) have been the key policy instrument utilized to
contain the impact of the COVID‐19 pandemic. This paper disentangles the effects of NPIs …

Observational evidence suggests that better ambient lighting leads people to feel safer
when spending time outdoors in their community. We subject this finding to greater scrutiny …

In this paper we provide strong evidence that heightened uncertainty in the US real
economy or financial markets significantly raises excess returns to the currency carry trade …

Strengthening climate resilience requires farmers to select climate adaptation strategies like
weather index insurance. Acknowledging that decision-making is not isolated, this study …

This paper presents evidence suggesting men's (but not women's) risk and time preferences
have systematically become sensitive to local economic conditions since the global financial …

We examine whether exposure to a more or less risky environment affects people's
subsequent risk-taking behavior. In a laboratory setting, all subjects went through twelve …