@article{22523,
  abstract     = {{The containment of COVID-19 critically hinges on individuals’ behavior. We investigate how individuals react to variations in COVID-19 reporting. Using a survey, we elicit individuals' perceived infection risk given various COVID-19 metrics (e.g., confirmed cases, reproduction rate, or case-fatality ratio). We proxy individuals' risk perception with their willingness to pay for the participation in everyday life and amusements events. We find that participants react to different COVID-19 metrics with varying sensitivity. We observe a saturation of sensitivity for several measures at critical limits used in the political discussion, making our results highly relevant for policy makers in their efforts to direct individuals to adhere to hygienic etiquette and social distancing guidelines.}},
  author       = {{Warkulat, Sonja and Krull, Sebastian and Ortmann, Regina and Klocke, Nina and Pelster, Matthias}},
  journal      = {{Covid Economics}},
  keywords     = {{COVID-19 reporting, willingness to pay, willingness to accept}},
  number       = {{83}},
  pages        = {{183--205}},
  publisher    = {{CEPR Press}},
  title        = {{{COVID-19 reporting and willingness to pay for leisure activities}}},
  year         = {{2021}},
}

@article{26775,
  abstract     = {{We study the relationship between risk managers' dark triad personality traits (Machiavellianism, narcissism, and psychopathy) and their selective hedging activities. Using a primary survey of 412 professional risk managers, we find that managers with dark personality traits are more likely to engage in selective hedging than those without. This effect is particularly pronounced for older, male, and less experienced risk managers. The effect is also stronger in smaller firms, less centralized risk management departments, and family-owned firms.}},
  author       = {{Pelster, Matthias and Hofmann, Annette and Klocke, Nina and Warkulat, Sonja}},
  journal      = {{Journal of Business Ethics}},
  publisher    = {{Springer}},
  title        = {{{Dark Triad Personality Traits and Selective Hedging}}},
  doi          = {{10.1007/s10551-021-04985-z}},
  year         = {{2021}},
}

@techreport{41197,
  author       = {{Ortmann, Regina and Warkulat, Sonja and Krull, Sebastian and Klocke, Nina and Pelster, Matthias}},
  title        = {{{COVID-19 Reporting and Willingness to Pay for Leisure Activities}}},
  volume       = {{83}},
  year         = {{2021}},
}

