scholarly journals Risky Business – The Role of Individual Risk Attitudes in Occupational Choice

2010 ◽  
Author(s):  
Ingo E. Isphording
2012 ◽  
Vol 28 (2) ◽  
Author(s):  
Didier Fouarge ◽  
Ben Kriechel ◽  
Thomas Dohmen

The role of risk attitude in the occupational choice of school leavers The role of risk attitude in the occupational choice of school leavers This article studies the role of risk attitudes in the occupational choice. It replicates the study by Bonin, Dohmen, Falk, Huffman and Sunde (2007) for Dutch graduates from high school, college and university. We use a validated scale to measure risk attitudes of young individuals in a large representative survey of school leavers (the ROA School Leavers Survey) around the time that they start their labour market career. We relate these preferences to the earnings risk for the occupations they choose to work in. The occupational earnings risk is derived from large administrative earnings data from Statistics Netherlands (CBS) which is matched to the Labour Force Survey. The analyses show that our measure of risk attitude is significantly related to actually taking financial risks. They also show that young entrants who are risk seekers are significantly more likely to start their careers in occupations that are characterized by a high earnings risk.


2019 ◽  
Vol 14 (4) ◽  
pp. 417-426
Author(s):  
Nikolaos Georgantzís ◽  
Jean-Christian Tisserand

AbstractIn this article, we report the results of an experiment designed to address the effect of risk attitudes on valuations of aged wines. We find that higher risk taking in the economic domain is associated with a significantly higher willingness to pay for an old wine. Given the increasing interest of consumers and investors in old wines, our results are applicable to the pricing of old wines and to the use of auctions as an efficient willingness to pay elicitation mechanism. (JEL Classifications: C91, D44, L66)


2013 ◽  
Vol 27 (2) ◽  
pp. 103-125 ◽  
Author(s):  
Thilo J. Pukall ◽  
Andrea Calabrò

This article systematically reviews and critically examines 72 journal articles published (from 1980 to 2012) on the internationalization of family firms. Stemming from existing literature, core aspects and main gaps are identified. We aim to overcome the inconclusiveness of findings of previous research by offering an integrative theoretical model integrating the concept of socioemotional wealth with the revised Uppsala model. Our framework helps understand behaviors of internationalizing family firms by focusing on when and how they internationalize, especially related to risk attitudes, the role of knowledge and networks. Ultimately, we provide future research themes flowing from our suggested model.


2016 ◽  
Vol 63 ◽  
pp. 106-113 ◽  
Author(s):  
Benjamin Roth ◽  
Stefan T. Trautmann ◽  
Andrea Voskort

2020 ◽  
Vol 22 (Supplement_O) ◽  
pp. O42-O52
Author(s):  
Giuseppe Boriani ◽  
Marco Vitolo ◽  
Jacopo Francesco Imberti ◽  
Tatjana S Potpara ◽  
Gregory Y H Lip

Abstract Atrial high rate episodes (AHREs) are defined as asymptomatic atrial tachyarrhythmias detected by cardiac implantable electronic devices with atrial sensing, providing automated continuous monitoring and tracings storage, occurring in subjects with no previous clinical atrial fibrillation (AF) and with no AF detected at conventional electrocardiogram recordings. AHREs are associated with an increased thrombo-embolic risk, which is not negligible, although lower than that of clinical AF. The thrombo-embolic risk increases with increasing burden of AHREs, and moreover, AHREs burden shows a dynamic pattern, with tendency to progression along with time, with potential transition to clinical AF. The clinical management of AHREs, in particular with regard to prophylactic treatment with oral anticoagulants (OACs), remains uncertain and heterogeneous. At present, in patients with confirmed AHREs, as a result of device tracing analysis, an integrated, individual and clinically-guided assessment should be applied, taking into account the patients’ risk of stroke (to be reassessed regularly) and the AHREs burden. The use of OACs, preferentially non-vitamin K antagonists OACs, may be justified in selected patients, such as those with longer AHREs durations (in the range of several hours or ≥24 h), with no doubts on AF diagnosis after device tracing analysis and with an estimated high/very high individual risk of stroke, accounting for the anticipated net clinical benefit, and informed patient’s preferences. Two randomized clinical trials on this topic are currently ongoing and are likely to better define the role of anticoagulant therapy in patients with AHREs.


2019 ◽  
Vol 27 (3) ◽  
pp. 673-698
Author(s):  
Iryna Hayduk ◽  
Donald R. Williams

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