BEGIN:VCALENDAR
VERSION:2.0
PRODID:talks.ox.ac.uk
BEGIN:VEVENT
SUMMARY:“Outside options and risk attitude” with Gregorio Curello and 
 Mark Whitmeyer - Ludvig Sinander (University of Oxford)
DTSTART;VALUE=DATE-TIME:20251104T124500Z
DTEND;VALUE=DATE-TIME:20251104T140000Z
UID:https://talks.ox.ac.uk/talks/id/f6c5912d-88b7-4826-8345-f71386490830/
DESCRIPTION:We uncover a close link between outside options and risk attit
 ude: when a decision-maker gains access to an outside option\, her behavio
 ur becomes less risk-averse\, and conversely\, any observed decrease of ri
 sk-aversion can be explained by an outside option having been made availab
 le. We characterise the comparative statics of risk-aversion\, delineating
  how effective risk attitude (i.e. actual choice among risky prospects) va
 ries with the outside option and with the decision-maker’s ‘true’ ri
 sk attitude. We prove that outside options are special: among transformati
 ons of a decision problem\, those that amount to adding an outside option 
 are the only ones that always reduce risk-aversion.\nSpeakers:\nLudvig Sin
 ander (University of Oxford)
LOCATION:Nuffield College (Butler Room)\, New Road OX1 1NF
TZID:Europe/London
URL:https://talks.ox.ac.uk/talks/id/f6c5912d-88b7-4826-8345-f71386490830/
BEGIN:VALARM
ACTION:display
DESCRIPTION:Talk:“Outside options and risk attitude” with Gregorio Cur
 ello and Mark Whitmeyer - Ludvig Sinander (University of Oxford)
TRIGGER:-PT1H
END:VALARM
END:VEVENT
END:VCALENDAR