IZA Discussion Papers

published online as 'Learning from experience: Flooding and insurance take-up in the flood zone and its periphery' in: Journal of Risk and Insurance, 04 March 2025

IZA Discussion Paper No. 16890

There and Back Again: Women's Marginal Commuting Costs

Annette Bergemann, Stephan Brunow, Isabel Stockton

IZA Discussion Paper No. 16834

Do Economic Preferences of Children Predict Behavior?

Laura Breitkopf, Shyamal Chowdhury, Shambhavi Priyam, Hannah Schildberg-Hörisch, Matthias Sutter

IZA Discussion Paper No. 16818

Disparities in Psychological Traits and Income: Race, Ethnicity, and Gender in the U.S.

Aurelie Dariel, John C. Ham, Nikos Nikiforakis, Jan Stoop

IZA Discussion Paper No. 16814

The Role of Payoff Parameters for Cooperation in the One-Shot Prisoner's Dilemma

Simon Gächter, Kyeongtae Lee, Martin Sefton, Till O. Weber

revised version published in: European Economic Review, 2024, 166, 104753,

IZA Discussion Paper No. 16724

The Impact of Comprehensive Student Support on Crime: Evidence from the Pathways to Education Program

Adam M. Lavecchia, Philip Oreopoulos, Noah Spencer

IZA Discussion Paper No. 16716

Measuring Job Risks When Hedonic Wage Models Do Not Do the Job

Susana Ferreira, Sara Martinez-de-Morentin, Amaya Erro-Garcés

published in: Journal of Environmental Economics and Management, 2025, 130, 103120

IZA Discussion Paper No. 16715

Extreme Weather Events and Climate Change: Economic Impacts and Adaptation Policies

Susana Ferreira

published in: Annual Review of Resource Economics, 2024, 16, 207-231

IZA Discussion Paper No. 16707

COVID-19 Vaccine and Risk-Taking

Shanike J. Smart, Solomon Polachek

published in: Journal of Risk and Uncertainty, 2024, 68, 25–49

IZA Discussion Paper No. 16662

Capital Markets, Temporary Migration and Entrepreneurship: Evidence from Bangladesh

Laurent Bossavie, Joseph-Simon Goerlach, Çağlar Özden, He Wang

published in: World Development, 2024, 176, 106505

IZA Discussion Paper No. 16633

The Heritability of Economic Preferences

Nathan Kettlewell, Agnieszka Tymula, Hong Il Yoo

IZA Discussion Paper No. 16573

Can Altruism Lead to a Willingness to Take Risks?

Oded Stark

published in: Journal of Mathematical Sociology, 2024, 48 (2), 272-278

IZA Discussion Paper No. 16561

Utilitarianism Is Implied by Social and Individual Dominance

Johan E. Gustafsson, Dean Spears, Stéphane Zuber

IZA Discussion Paper No. 16478

Navigating Ambiguity: Imprecise Probabilities and the Updating of Disease Risk Beliefs

Jason Kerwin, Divya Pandey

IZA Discussion Paper No. 16445

Risk Attitudes and Informal Employment in Ukraine

Thomas Dohmen, Melanie Khamis, Hartmut Lehmann, Norberto Pignatti

IZA Discussion Paper No. 16343

Order Effects in Eliciting Preferences

Orestis Kopsacheilis, Sebastian J. Goerg

IZA Discussion Paper No. 16140

Has China's Growth Gone from Miracle to Malady?

Eswar Prasad

IZA Discussion Paper No. 16138

The Gender Reference Point Gap

Nathan Kettlewell, Jonathan Levy, Agnieszka Tymula, Xueting Wang

IZA Discussion Paper No. 16102

Financial Literacy, Experimental Preference Measures and Field Behavior – A Randomized Educational Intervention

Matthias Sutter, Michael Weyland, Anna Untertrifaller, Manuel Froitzheim, Sebastian O. Schneider

this paper presents an update of the former IZA Discussion Paper No. 13566

IZA Discussion Paper No. 16084

Risk Aversion and COVID-19 Vaccine Hesitancy

Anthony Lepinteur, Liyousew G. Borga, Andrew E. Clark, Claus Vögele, Conchita D'Ambrosio

published in: Health Economics, 2023, 32, 1659-1669

IZA Discussion Paper No. 16075

Permanent Instability of Preferences after COVID-19 Crisis: A Natural Experiment from Urban Burkina Faso

Delphine Boutin, Laurene Petifour, Haris Megzari

IZA Discussion Paper No. 16053

Risk Compensation after COVID-19 Vaccination

Jisoo Hwang, Seung-sik Hwang, Hyuncheol Bryant Kim, Jungmin Lee, Junseok Lee

updated version published as 'Risk compensation after COVID-19 vaccination: Evidence from vaccine rollout by exact birth date in South Korea' in: Health Economics, 2024, 33 (8), 1811 - 1830

IZA Discussion Paper No. 15996

Determinants of Heat Risk in an Aging Population: A Machine Learning Approach

Hannah Klauber, Nicolas Koch

IZA Discussion Paper No. 15982

Adapting to Climate Risk? Local Population Dynamics in the United States

Agustín Indaco, Francesc Ortega

published in: Economics of Disasters and Climate Change, 2024, 8, 61–106

IZA Discussion Paper No. 15924

Extraterrestrial Artificial Intelligence: The Final Existential Risk?

Wim Naudé

IZA Discussion Paper No. 15908

Risk-laden Migration as a Response to Relative Deprivation: A Hypothesis

Oded Stark

published as 'An Integrated Theory of Relative Deprivation and Risk-Laden Migration' in: Robert M. Sauer (ed.), World Scientific Handbook of Global Migration Vol. 2. Singapore: World Scientific Publishing, 2024, 165–175

IZA Discussion Paper No. 15897

Who Gets Vaccinated? Cognitive and Non-cognitive Predictors of Individual Behavior in Pandemics

Mark A. Andor, Thomas K. Bauer, Jana Eßer, Christoph M. Schmidt, Lukas Tomberg

published online in: Oxford Bulletin of Economics and Statistics, 7 October 2024

IZA Discussion Paper No. 15893

Unions as Insurance: Employer–Worker Risk Sharing and Workers' Outcomes during COVID-19

Nils Braakmann, Boris Hirsch

published in: Industrial Relations, 2024, 63 (2), 152-171

IZA Discussion Paper No. 15885

Criminal Charges, Risk Assessment, and Violent Recidivism in Cases of Domestic Abuse

Dan A. Black, Jeffrey Grogger, Tom Kirchmaier, Koen Sanders

IZA Discussion Paper No. 15854

Inequality and Risk Preference

Harry Pickard, Thomas Dohmen, Bert van Landeghem

[This version: February 2024] published in: Journal of Risk and Uncertainty, 2024, 69, 191 - 217

IZA Discussion Paper No. 15854

Inequality and Risk Preference

Harry Pickard, Thomas Dohmen, Bert van Landeghem

[This version: February 2024] published in: Journal of Risk and Uncertainty, 2024, 69, 191 - 217

IZA Discussion Paper No. 15806

A Field Study of Donor Behaviour in the Iranian Kidney Market

Ali Moghaddasi Kelishomi, Daniel Sgroi

published in: European Economic Review, 2024, 170, 104887

IZA Discussion Paper No. 15771

Promoting Equity through Equitable Risk Tradeoffs

Thomas J. Kniesner, W. Kip Viscusi

published in: Journal of Benefit Cost Analysis, 2023, 14 (1), 8-34

IZA Discussion Paper No. 15765

Parental Beliefs, Perceived Health Risks, and Time Investment in Children: Evidence from COVID-19

Gabriella Conti, Michele Giannola, Alessandro Toppeta

IZA Discussion Paper No. 15763

On the Psychology of the Relation between Optimism and Risk Taking

Thomas Dohmen, Simone Quercia, Jana Willrodt

published in: Journal of Risk and Uncertainty, 2023, 67, 193–214.

IZA Discussion Paper No. 15725

Government Subsidies as a Risk-Sharing Policy Tool in Innovation Investment

Hao Lu, Claudia De Fuentes, Joniada Milla, Soheil Ahmadi

IZA Discussion Paper No. 15713

The Future Economics of Artificial Intelligence: Mythical Agents, a Singleton and the Dark Forest

Wim Naudé

IZA Discussion Paper No. 15650

Optimal Allocations in Growth Models with Private Information

Tom Krebs, Martin Scheffel

published in: Economic Theory, 2024, 78, 125 - 154

IZA Discussion Paper No. 15579

Privatizing Disability Insurance

Arthur Seibold, Sebastian Seitz, Sebastian Siegloch

IZA Discussion Paper No. 15578

Parental Risk Preferences, Maternal Bargaining Power, and the Educational Progressions of Children: Lab-in-the-Field Evidence from Rural Côte D'Ivoire

Arnab K. Basu, Ralitza Dimova, Monnet Benoit Patrick Gbakou, Romane Viennet

published in: Journal of Behavioral and Experimental Economics, 2023, 102, 101957

IZA Discussion Paper No. 15536

How Do Humans Respond to Huge Financial Losses?

Redzo Mujcic, Nattavudh Powdthavee

IZA Discussion Paper No. 15519

Banking on Snow: Bank Capital, Risk, and Employment

Simon Baumgartner, Alex Stomper, Thomas Schober, Rudolf Winter-Ebmer

IZA Discussion Paper No. 15385

The Shift to Remote Work Lessens Wage-Growth Pressures

José María Barrero, Nicholas Bloom, Steven J. Davis, Brent Meyer, Emil Mihaylov

IZA Discussion Paper No. 15266

The Relationship between Cognitive Ability and Risk Preferences in a Developing Nation: Findings from the Field

Ali Moghaddasi Kelishomi, Daniel Sgroi

published in: Economics Letters, 2022, 216, 110576

IZA Discussion Paper No. 15262

Health Insurance Coverage, Government Payments, and Labor Allocation

Cristina D. M. Miller, Ashok K. Mishra

IZA Discussion Paper No. 15234

How Economic, Political and Institutional Factors Influence the Choice of Exchange Rate Regimes? New Evidence from Selected Countries of the MENA Region

Najia Maraoui, Thouraya Hadj Amor, Islem Khefacha, Christophe Rault

IZA Discussion Paper No. 15117

Compensating Differentials for Occupational Health and Safety Risks: Implications of Recent Evidence

Thomas J. Kniesner, W. Kip Viscusi

published in: Research in Labor Economics, 2023, 50, 83-116

IZA Discussion Paper No. 15117

Compensating Differentials for Occupational Health and Safety Risks: Implications of Recent Evidence

Thomas J. Kniesner, W. Kip Viscusi

published in: Research in Labor Economics, 2023, 50, 83-116

IZA Discussion Paper No. 15106

Beauty, Underage Drinking, and Adolescent Risky Behaviours

Colin P. Green, Luke B. Wilson, Anwen Zhang

published in: Journal of Economic Behavior & Organization, 2023, 215, 153 - 166

IZA Discussion Paper No. 15077

Breakthroughs, Backlashes and Artificial General Intelligence: An Extended Real Options Approach

Thomas Gries, Wim Naudé

IZA Discussion Paper No. 15065

Artificial Intelligence and Reduced SMEs' Business Risks. A Dynamic Capabilities Analysis during the COVID-19 Pandemic

Nick Drydakis

published in: Information Systems Frontiers, 2022, 24, 1223 - 1247

IZA Discussion Paper No. 15048

What's the Risk from Competing? Competition Aversion and the Gender Wage Gap

Chung Choe, SeEun Jung, Ronald L. Oaxaca

IZA Discussion Paper No. 15043

Managers' Risk Preferences and Firm Training Investments

Marco Caliendo, Deborah A. Cobb-Clark, Harald Pfeifer, Arne Uhlendorff, Caroline Wehner

published in: European Economic Review, 2024, 161, 104616

IZA Discussion Paper No. 15023

It’s Payback Time: New Insights on Cooperation in the Repeated Prisoners’ Dilemma

Maria Bigoni, Marco Casari, Andrea Salvanti, Andrzej Skrzypacz, Giancarlo Spagnolo

IZA Discussion Paper No. 15023

It’s Payback Time: New Insights on Cooperation in the Repeated Prisoners’ Dilemma

Maria Bigoni, Marco Casari, Andrea Salvanti, Andrzej Skrzypacz, Giancarlo Spagnolo

IZA Discussion Paper No. 14993

Parental Separation and the Formation of Economic Preferences

Sarah C. Dahmann, Nathan Kettlewell, Jack Lam

IZA Discussion Paper No. 14953

Trade, Human Capital, and Income Risk

Liuchun Deng, Pravin Krishna, Mine Zeynep Senses, Jens Stegmaier

IZA Discussion Paper No. 14939

Worker Stress and Performance Pay: German Survey Evidence

Mehrzad B. Baktash, John S. Heywood, Uwe Jirjahn

revised version published in: Journal of Economic Behavior and Organization, 2022, 201, 276-291

IZA Discussion Paper No. 14895

Risk, Temptation, and Efficiency in the One-Shot Prisoner's Dilemma

Simon Gächter, Kyeongtae Lee, Martin Sefton, Till O. Weber

revised version published as 'The role of payoff parameters for cooperation in the one-shot Prisoner's Dilemma' in: European Economic Review, 2024, 166, 104753,

IZA Discussion Paper No. 14835

Reference Points and the Tradeoff between Risk and Incentives

Thomas Dohmen, Arjan Non, Tom Stolp

published in: Journal of Economic Behavior & Organization, 2021, 192, 813–831

IZA Discussion Paper No. 14828

Dissecting Inequality-Averse Preferences

Marcelo Bergolo, Gabriel Burdin, Santiago Burone, Mauricio De Rosa, Matias Giaccobasso, Martin Leites

revised version published in: Journal of Economic Behavior and Organization, 2022, 200, 782-802

IZA Discussion Paper No. 14788

Coevolution of Job Automation Risk and Workplace Governance

Filippo Belloc, Gabriel Burdin, Luca Cattani, William Ellis, Fabio Landini

published in: Research Policy, 2022, 51 (3), 104441

IZA Discussion Paper No. 14755

On the Stability of Risk Preferences: Measurement Matters

Joop Adema, Till Nikolka, Panu Poutvaara, Uwe Sunde

published in: Economics Letters, 2022, 210, 110172

IZA Discussion Paper No. 14755

On the Stability of Risk Preferences: Measurement Matters

Joop Adema, Till Nikolka, Panu Poutvaara, Uwe Sunde

published in: Economics Letters, 2022, 210, 110172

IZA Discussion Paper No. 14703

Should Farmers Farm More? Comparing Marginal Products within Malawian Households

Peter Brummund, Joshua D. Merfeld

published in: Agricultural Economics, 2022, 53 (2), 289 - 306

IZA Discussion Paper No. 14679

The Formation of Risk Preferences through Small-Scale Events

Silvia Angerer, E. Glenn Dutcher, Daniela Glätzle-Rützler, Philipp Lergetporer, Matthias Sutter

IZA Discussion Paper No. 14633

Buying Control? 'Locus of Control' and the Uptake of Supplementary Health Insurance

Eric Bonsang, Joan Costa-Font, Sonja C. de New

published in: Journal of Economic Behaviour and Organisation, 2022, 204, 466 - 489

IZA Discussion Paper No. 14515

Foundations of Utilitarianism under Risk and Variable Population

Dean Spears, Stéphane Zuber

IZA Discussion Paper No. 14373

Gender Differences in Job Search and the Earnings Gap: Evidence from Business Majors

Patricia Cortes, Jessica Pan, Laura Pilossoph, Basit Zafar

published as 'Gender Differences in Job Search and the Earnings Gap: Evidence from the Field and Lab' in: Quarterly Journal of Economics, 2023, 138 (4), 2069–2126

IZA Discussion Paper No. 14329

Short-Time Work and Precautionary Savings

Thomas Dengler, Britta Gehrke

IZA Discussion Paper No. 14316

Mental Health and Abortions among Young Women: Time-Varying Unobserved Heterogeneity, Health Behaviors, and Risky Decisions

Lena Janys, Bettina M. Siflinger

IZA Discussion Paper No. 14301

Financial Advice and Household Financial Portfolios

Sarah Brown, Alessandro Bucciol, Alberto Montagnoli, Karl Taylor

published in: Oxford Bulletin of Economics and Statistics, 2025, 87 (2), 382-413.

IZA Discussion Paper No. 14245

Loneliness and Social Isolation: An Unequally Shared Burden in Europe