Higher Order Risk Attitudes, Demographics, and Financial Decisions

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Advancing innovation in the public sector: Aligning innovation measurement with policy goals (2019, background): “Risk-averse conditions can be created by political damage to elected officials from media scrutiny of failed policies (Albury, 2005; Borins, 2001; Potts and Kastelle, 2010), reputational risks for managers (Pärna and von Tunzelmann, 2007) and self-selection effects whereby risk-averse individuals ar”
Joint measurement of risk aversion, prudence, and temperance (2014, positive): “Similar observations as in Result 1 and 2 have been found independently and with different experimental designs by Noussair et al. (2014) and Maier and Rüger (2011).”