The relationship between relative risk aversion and the level of education: A survey and implications for the demand for life insurance

JF Outreville - Journal of economic surveys, 2015 - Wiley Online Library
The expected utility hypothesis has been widely used in the construction of economic
models and numerous difficulties are encountered in attempting to take into account …

The economics and psychology of personality traits

L Borghans, AL Duckworth, JJ Heckman… - Journal of human …, 2008 - jhr.uwpress.org
This paper explores the interface between personality psychology and economics. We
examine the predictive power of personality and the stability of personality traits over the life …

Preferences and biases in educational choices and labour market expectations: Shrinking the black box of gender

E Reuben, M Wiswall, B Zafar - The Economic Journal, 2017 - academic.oup.com
Using an experiment to measure overconfidence and preferences for competitiveness and
risk, this article investigates whether these measures explain gender differences in college …

An equity perspective on access to, enrolment in and finance of tertiary education

R Asplund, OB Adbelkarim, A Skalli - Education economics, 2008 - Taylor & Francis
Failure to achieve equitable access to university studies has contributed to turning the focus
to the funding of higher education systems. This paper aims to review critically the literature …

On the interpretation of non-cognitive skills–What is being measured and why it matters

JE Humphries, F Kosse - Journal of Economic Behavior & Organization, 2017 - Elsevier
Across academic sub-fields such as labor, education, and behavioral economics, the
measurement and interpretation of non-cognitive skills varies widely. As a result, it is difficult …

Socioeconomic status and inequalities in children's IQ and economic preferences

A Falk, F Kosse, P Pinger… - Journal of Political …, 2021 - journals.uchicago.edu
This paper explores inequalities in IQ and economic preferences between children from
families of high and low socioeconomic status (SES). We document that children from high …

[HTML][HTML] Human capital investment and perceived automation risks: Evidence from 16 countries

S Innocenti, M Golin - Journal of Economic Behavior & Organization, 2022 - Elsevier
Robotics and artificial intelligence are transforming jobs and career paths, and equipping
workers with the ability to gain new skills has become a strategic policy imperative. Previous …

Unobservable, but unimportant? The relevance of usually unobserved variables for the evaluation of labor market policies

M Caliendo, R Mahlstedt, OA Mitnik - Labour Economics, 2017 - Elsevier
The main concern for many evaluation studies is that controlling for individuals' observed
characteristics may not be enough to obtain valid treatment effects. We exploit a unique …

Attitudes toward risk and self-employment of young workers

T Ahn - Labour Economics, 2010 - Elsevier
A high degree of risk tolerance is often regarded as one of the fundamental characteristics of
entrepreneurs. Using multiple responses on risky income gambles in the 1979 National …

Family background, self-confidence and economic outcomes

A Filippin, M Paccagnella - Economics of Education Review, 2012 - Elsevier
In this paper we analyze the role played by self-confidence, modeled as beliefs about one's
ability, in shaping task choices. We propose a model in which fully rational agents exploit all …