The Relationship between Unemployment and Risk-Aversion In this paper we use a direct measure of individual risk-aversion to examine the relationship between risk-aversion and unemployment. The traditional search model predicts that more risk-averse individuals have lower reservation wages and thus are less likely to be observed in unemployment. Our findings, however, do not support this predic...

In optimal growth models, positive time preferences, i.e. people systematically discount utility derived from future consumption, is taken for granted [Olson and Bailey (1981)]. In addition, a further modeling of time preferences by Uzawa (1968), where the time preference is an increasing function of current utility, has been increasingly used in growth and asset accumulation models. See Obstfe...

Shortfall aversion reflects the higher utility loss of a spending cut from a reference point than the utility gain from a similar spending increase, in the spirit of Prospect Theory’s loss aversion. This paper posits a model of utility of spending scaled by a function of past peak spending, called target spending. The discontinuity of the marginal utility at the target spending corresponds to s...

Adopting the concept of mental accounting, the paper analyzes loss-aversion retailer’s optimal order quantity under buy-back contract in the two-stage supply chain, and proves the existence and uniqueness of the optimal order quantity. Conclusions show: under the certain degree of loss aversion, there exists a unique repurchase price to achieve supply chain coordination; meanwhile, the system’s...

This study provides additional information on the psychometric properties of the Sexual Aversion Scale (SAS). Results suggest a positive relationship between sexual aversion, generalized anxiety, and history of sexual victimization. Variables such as age and religiosity were unrelated to scores on the SAS, although females reported significantly more sexual anxiety than males. The factor struct...

This research looks into the possibility of bringing together two distinct and empirically successful areas of behavioural economics; regret aversion and quasi-hyperbolic discounting. Standard regret aversion theory (Loomes and Sugden 1982, Bell 1982) operates in a world of uncertainty, where regret aversion arises due to the possibility of, having made an initial choice, a more preferable opti...

this research was designed to study sexual differences in place conditioning induced by morphine in offspring born of female wistar rats mated with drug-naïve males. mothers were exposed to morphine during the 14th-16th days of gestational. control dams were simply saline-injected. female and male virgin offspring born of morphine-treated or saline-treated mothers were separately housed until b...

conclusions the results showed that having an addicted husband could strongly affect some sexual domains in women. it could change the pattern of desire and motivation for sexual contact in females and alter their attitude toward the sexual relationship, thereby causing disturbances in the females’ normal sexual function. results according to the results, the frequency of hypoactive sexual desi...