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How General Are Risk Preferences? Choices under Uncertainty in Different Domains
Uncertainty Different Domains
2015/7/17
We analyze the extent to which individuals’ choices over five employerprovided insurance coverage decisions and one 401(k) investment
decision exhibit systematic patterns, as would be implied by a g...
In this paper we argue that religion and welfare state spending are substitute mechanisms that insure individuals against adverse life events. As a result, individuals who are religious are predicted ...