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Browsing Working Papers by Author "BUTLER, Jeffrey V."
Now showing items 1-2 of 2
Title:The Role of Intuition and Reasoning in Driving Aversion to Risk and Ambiguity
Author(s):BUTLER, Jeffrey V.; GUISO, Luigi; JAPPELLI, TullioDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using information on a large sample of retail investors and experimental data we find that risk aversion and risk ambiguity are correlated: individuals who dislike risk also dislike ambiguity. We show that what links these ...
Title:The Right Amount of Trust
Author(s):BUTLER, Jeffrey V.; GIULIANO, Paola; GUISO, LuigiDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate the relationship between individual trust and individual economic performance. We find that individual ...