Friday, October 30, 2009

I've decided to return to my previous system of short reviews of several books, rather than lengthy reviews of books one-by-one. Non-fictionFareed Zakaria - The Post-American World - [Audiobook] I can't say much about this book, except, 'Wow, you really didn't expect the financial crisis, did you?' That said, Zakaria makes interesting and enlightening points about the US's relationships with China and India, and the potential changes in international relations...
Thursday, October 22, 2009
Gender and Risk: Reviews of the Evidence
Posted by Simon Halliday | Thursday, October 22, 2009 | Category:
Behavioral Economics,
Economics,
Experiments,
Risk
|
4
comments
I begin my series on risk aversion, competition and gender with a review paper by Catherine Eckel and Philip J. Grossman in The Handbook of Experimental Economics Results. In their paper, Eckel and Grossman cover several papers that assess risk aversion. So what do we mean by risk aversion? We mean the tendency to avoid risk, to avoid a probability of winning or losing money relative to winning or losing some certain amount of money. For example, do you put your...
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