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The Allocation of Effort under Uncertainty: The Case of Risk-averse Behavior

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  • Block, M K
  • Heineke, J M

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  • Block, M K & Heineke, J M, 1973. "The Allocation of Effort under Uncertainty: The Case of Risk-averse Behavior," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 376-385, Part I, M.
  • Handle: RePEc:ucp:jpolec:v:81:y:1973:i:2:p:376-85
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    Cited by:

    1. Elyès Jouini & Clotilde Napp & Diego Nocetti, 2013. "Economic consequences of Nth-degree risk increases and Nth-degree risk attitudes," Journal of Risk and Uncertainty, Springer, vol. 47(2), pages 199-224, October.
    2. W. Chiu & Louis Eeckhoudt, 2010. "The effects of stochastic wages and non-labor income on labor supply: update and extensions," Journal of Economics, Springer, vol. 100(1), pages 69-83, May.
    3. Bauer, Thomas & Gang, Ira, 1998. "Temporary Migrants from Egypt: How Long Do They Stay Abroad?," CEPR Discussion Papers 2003, C.E.P.R. Discussion Papers.
    4. repec:dau:papers:123456789/12392 is not listed on IDEAS
    5. Rose, Elaina, 2001. "Ex ante and ex post labor supply response to risk in a low-income area," Journal of Development Economics, Elsevier, vol. 64(2), pages 371-388, April.
    6. John W. Graham, 1990. "Child Support And Mothers' Employment," Contemporary Economic Policy, Western Economic Association International, vol. 8(1), pages 95-109, January.
    7. Carmen F. Menezes & X. Henry Wang, 2005. "Duality, income and substitution effects for the competitive firm under price uncertainty," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 249-257.
    8. repec:dau:papers:123456789/11094 is not listed on IDEAS
    9. Christopher Barrett, 1993. "On the Price Risk and the Inverse Farm Size-Productivity Relationship," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 369, Wisconsin-Madison Agricultural and Applied Economics Department.
    10. Kreider, Brent, 1998. "Workers' Applications to Social Insurance Programs When Earnings and Eligibility Are Uncertain," Journal of Labor Economics, University of Chicago Press, vol. 16(4), pages 848-877, October.
    11. Ira N. Gang & Thomas Bauer, 2000. "Return Migrants From Egypt: How Long Did They Stay Abroad?," Departmental Working Papers 199811, Rutgers University, Department of Economics.
    12. Yaniv, Gideon, 1998. "Phobic disorder, psychotherapy, and risk-taking: an economic perspective," Journal of Health Economics, Elsevier, vol. 17(2), pages 229-243, April.
    13. Yaakov Kareev & Judith Avrahami, 2006. "Choosing Between Adaptive Agents: Some Unexpected Implications of Level of Scrutiny," Levine's Bibliography 321307000000000521, UCLA Department of Economics.
    14. Marie-Christine Challier, 1995. "Calendrier du temps de travail et rationnements partiels," Économie et Prévision, Programme National Persée, pages 13-30.
    15. Dawson, P. J., 1988. "Labour on the Family Farm: a Theory under Uncertainty," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 1(4), January.
    16. Kylymnyuk, Dmytro & Wagner, Alexander K., 2012. "Commitment through risk," Economics Letters, Elsevier, vol. 116(3), pages 295-297.
    17. Francine D. Blau & Adam J. Grossberg, 1989. "Wage and Employment Uncertainty and the Labor Force Participation Decisions of Married Women," NBER Working Papers 3081, National Bureau of Economic Research, Inc.
    18. Rizov, Marian, 2005. "Pull and push: individual farming in Hungary," Food Policy, Elsevier, vol. 30(1), pages 43-62, February.
    19. Jonathan Eaton & Harvey S. Rosen, 1979. "Notes on Optimal Wage Taxation and Uncertainty," NBER Working Papers 0388, National Bureau of Economic Research, Inc.
    20. Yaakov Kareev & Judith Avrahami, 2006. "Choosing Between Adaptive Agents: Some Unexpected Implications of Level of Scrutiny," Discussion Paper Series dp436, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
    21. Jianli Wang & Pu Gong, 2013. "Labor supply with stochastic wage rate and non-labor income uncertainty," Journal of Economics, Springer, vol. 109(1), pages 41-55, May.
    22. Barrett, Christopher B., 1996. "On price risk and the inverse farm size-productivity relationship," Journal of Development Economics, Elsevier, vol. 51(2), pages 193-215, December.

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