Journal of Risk and Uncertainty最新文献_第3页

Dynamic inconsistency under ambiguity: An experiment 模糊条件下的动态不一致性：一项实验

IF 4.7 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-12-22 DOI: 10.1007/s11166-023-09418-y

Rocco Caferra, John D. Hey, A. Morone, Marco Santorsola

引用次数: 0

Correction to: Delegated risktaking, accountability, and outcome bias 修正:委托冒险、问责制和结果偏差

2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-11-04 DOI: 10.1007/s11166-023-09416-0

Robert M. Gillenkirch, Louis Velthuis

引用次数: 0

Erratum. 勘误表。

IF 2.9 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-10-18 eCollection Date: 2020-03-01 DOI: 10.51893/2020.2.err1

引用次数: 7

Delegated risk-taking, accountability, and outcome bias 委托承担风险、问责制和结果偏差

2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-09-12 DOI: 10.1007/s11166-023-09414-2

Robert M. Gillenkirch, Louis Velthuis

{"title":"Delegated risk-taking, accountability, and outcome bias","authors":"Robert M. Gillenkirch, Louis Velthuis","doi":"10.1007/s11166-023-09414-2","DOIUrl":"https://doi.org/10.1007/s11166-023-09414-2","url":null,"abstract":"Abstract In a sequence of experiments, this study investigates how people evaluate others who make risky decisions on their behalf, and how such evaluations affect delegated risk-taking. A decision maker acts on behalf of a client who holds the decision maker accountable by way of a subjective evaluation after observing a risky decision’s outcome. If evaluation is biased towards the outcome, it may have dysfunctional effects with respect to delegated risk-taking in that decision makers’ risk choices are increasingly misaligned with their clients’ risk preferences. We find evidence giving support to this conjecture. Across and within three experiments, we test for the effects of different types and degrees of accountability in that we manipulate the information available to clients as well as the consequences which evaluations have for decision makers. Evaluations are biased towards outcomes in all experiments. When evaluations affect decision maker’s compensations, a stronger outcome bias in evaluations translates into risk-taking decisions being less frequently aligned with clients’ risk preferences. In the same situation, giving clients the opportunity to make peer comparisons increases outcome bias. We further find that clients do not hold decision makers accountable for their risk choices when they cannot observe the risk-taking decision, but have to infer it from observing the outcome. Theoretical and practical implications of the results are discussed.","PeriodicalId":48066,"journal":{"name":"Journal of Risk and Uncertainty","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135825591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

“Injury risk, concussions, race, and pay in the NFL” “NFL的受伤风险、脑震荡、种族和薪酬”

2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-08-08 DOI: 10.1007/s11166-023-09415-1

Quinn A. W. Keefer, Thomas J. Kniesner

{"title":"“Injury risk, concussions, race, and pay in the NFL”","authors":"Quinn A. W. Keefer, Thomas J. Kniesner","doi":"10.1007/s11166-023-09415-1","DOIUrl":"https://doi.org/10.1007/s11166-023-09415-1","url":null,"abstract":"Abstract We make two main contributions to the literature on work-related injury risk and economic outcomes in the context of American professional football. One is to examine an increasingly important specific injury, concussions, and compare its subsequent economic effects to those of other types of football injuries. Our other contribution is to study the role of race in understanding injury risk and severity and their resulting economic consequences, which has been overlooked in previous sports injury research. Using a specific position, tight ends, which allows conditioning on fine-grained relevant measures of player demographics, playing time, and performance, we find that whether a player continues to play NFL football from year to year is affected by type of injury and the player’s race. We calculate that the average ex post loss in annual compensation from a concussion is about 7%. Moreover, the effect of games missed due to concussion on continued employment is triple that of other injuries. Being white positively affects length of playing career independent of the measured productivity of the players involved. The racial gap in career length is approximately equal to the effect of an additional game missed from concussion. With respect to heterogeneity in the effects of injuries, both concussions and other injury types affect ex post economic outcomes equally for white and nonwhite players. Both injuries and race affect compensation solely through their effects on career length.","PeriodicalId":48066,"journal":{"name":"Journal of Risk and Uncertainty","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135746374","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Learning your own risk preferences 了解自己的风险偏好

IF 4.7 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-06-22 DOI: 10.1007/s11166-023-09413-3

G. Charness, Nir Chemaya, Dario Trujano-Ochoa

引用次数: 2

On the psychology of the relation between optimism and risk taking 论乐观主义与冒险心理的关系

2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-06-12 DOI: 10.1007/s11166-023-09409-z

Thomas Dohmen, Simone Quercia, Jana Willrodt

引用次数: 2

Ambiguity aversion and the degree of ambiguity 歧义厌恶和歧义程度

IF 4.7 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-06-12 DOI: 10.1007/s11166-023-09410-6

Ronald Klingebiel, Feibai Zhu

引用次数: 1

Effects of E-Cigarette Minimum Legal Sales Ages on Youth Tobacco Use in the United States. 美国电子烟最低合法销售年龄对青少年烟草使用的影响

IF 1.3 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-06-01 Epub Date: 2023-01-14 DOI: 10.1007/s11166-022-09402-y

Michael F Pesko

{"title":"Effects of E-Cigarette Minimum Legal Sales Ages on Youth Tobacco Use in the United States.","authors":"Michael F Pesko","doi":"10.1007/s11166-022-09402-y","DOIUrl":"10.1007/s11166-022-09402-y","url":null,"abstract":"<p><p>In the United States, individual states established a minimum legal sale age (MLSA) for e-cigarettes between 2010 and 2016 when a federal MLSA came into place. These policies provide a natural experiment from which we can better understand the effect that e-cigarettes have on youth combustible tobacco use. This paper uses National Youth Tobacco Survey data to estimate the effect of the gradual roll-out of e-cigarette MLSAs in the United States on youth e-cigarette use, cigarette use, and cigar use (i.e., cigars, cigarillos, or little cigars). Using an estimator designed to correct for dynamic heterogeneity in treatment effects, e-cigarette MLSAs are estimated to reduce lifetime e-cigarette use by approximately 25% and increase daily cigarette use and daily cigar use by approximately 35%. Therefore, these MLSAs operate as intended in reducing e-cigarette use, although at the expense of more dangerous combustible tobacco use. The Food and Drug Administration should consider the impact of e-cigarette availability in reducing youth combustible tobacco use as an important public health benefit of e-cigarettes in their regulatory activity.</p>","PeriodicalId":48066,"journal":{"name":"Journal of Risk and Uncertainty","volume":"1 1","pages":"261-277"},"PeriodicalIF":1.3,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC12121971/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46717772","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Windfall gains and house money: The effects of endowment history and prior outcomes on risky decision–making Windfall收益和房屋资金：捐赠历史和先前结果对风险决策的影响

IF 4.7 2区经济学

Journal of Risk and Uncertainty Pub Date : 2023-06-01 DOI: 10.1007/s11166-023-09411-5

Hauke Jelschen, Ulrich Schmidt

引用次数: 0