---
_id: '22523'
abstract:
- lang: eng
  text: 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.
article_type: original
author:
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
- first_name: Sebastian
  full_name: Krull, Sebastian
  id: '84497'
  last_name: Krull
- first_name: Regina
  full_name: Ortmann, Regina
  id: '10020'
  last_name: Ortmann
- first_name: Nina
  full_name: Klocke, Nina
  id: '51025'
  last_name: Klocke
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Warkulat S, Krull S, Ortmann R, Klocke N, Pelster M. COVID-19 reporting and
    willingness to pay for leisure activities. <i>Covid Economics</i>. 2021;(83):183-205.
  apa: Warkulat, S., Krull, S., Ortmann, R., Klocke, N., &#38; Pelster, M. (2021).
    COVID-19 reporting and willingness to pay for leisure activities. <i>Covid Economics</i>,
    <i>83</i>, 183–205.
  bibtex: '@article{Warkulat_Krull_Ortmann_Klocke_Pelster_2021, title={COVID-19 reporting
    and willingness to pay for leisure activities}, number={83}, journal={Covid Economics},
    publisher={CEPR Press}, author={Warkulat, Sonja and Krull, Sebastian and Ortmann,
    Regina and Klocke, Nina and Pelster, Matthias}, year={2021}, pages={183–205} }'
  chicago: 'Warkulat, Sonja, Sebastian Krull, Regina Ortmann, Nina Klocke, and Matthias
    Pelster. “COVID-19 Reporting and Willingness to Pay for Leisure Activities.” <i>Covid
    Economics</i>, no. 83 (2021): 183–205.'
  ieee: S. Warkulat, S. Krull, R. Ortmann, N. Klocke, and M. Pelster, “COVID-19 reporting
    and willingness to pay for leisure activities,” <i>Covid Economics</i>, no. 83,
    pp. 183–205, 2021.
  mla: Warkulat, Sonja, et al. “COVID-19 Reporting and Willingness to Pay for Leisure
    Activities.” <i>Covid Economics</i>, no. 83, CEPR Press, 2021, pp. 183–205.
  short: S. Warkulat, S. Krull, R. Ortmann, N. Klocke, M. Pelster, Covid Economics
    (2021) 183–205.
date_created: 2021-07-02T09:30:36Z
date_updated: 2022-01-06T06:55:36Z
department:
- _id: '186'
- _id: '578'
funded_apc: '1'
issue: '83'
jel:
- I10
- I12
- I18
keyword:
- COVID-19 reporting
- willingness to pay
- willingness to accept
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://cepr.org/file/11142/download?token=wXdlx51o
oa: '1'
page: 183-205
publication: Covid Economics
publisher: CEPR Press
quality_controlled: '1'
status: public
title: COVID-19 reporting and willingness to pay for leisure activities
type: journal_article
user_id: '67265'
year: '2021'
...
---
_id: '26775'
abstract:
- lang: eng
  text: 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.
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Annette
  full_name: Hofmann, Annette
  last_name: Hofmann
- first_name: Nina
  full_name: Klocke, Nina
  id: '51025'
  last_name: Klocke
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
citation:
  ama: Pelster M, Hofmann A, Klocke N, Warkulat S. Dark Triad Personality Traits and
    Selective Hedging. <i>Journal of Business Ethics</i>. doi:<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>
  apa: Pelster, M., Hofmann, A., Klocke, N., &#38; Warkulat, S. (n.d.). Dark Triad
    Personality Traits and Selective Hedging. <i>Journal of Business Ethics</i>. <a
    href="https://doi.org/10.1007/s10551-021-04985-z">https://doi.org/10.1007/s10551-021-04985-z</a>
  bibtex: '@article{Pelster_Hofmann_Klocke_Warkulat, title={Dark Triad Personality
    Traits and Selective Hedging}, DOI={<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>},
    journal={Journal of Business Ethics}, publisher={Springer}, author={Pelster, Matthias
    and Hofmann, Annette and Klocke, Nina and Warkulat, Sonja} }'
  chicago: Pelster, Matthias, Annette Hofmann, Nina Klocke, and Sonja Warkulat. “Dark
    Triad Personality Traits and Selective Hedging.” <i>Journal of Business Ethics</i>,
    n.d. <a href="https://doi.org/10.1007/s10551-021-04985-z">https://doi.org/10.1007/s10551-021-04985-z</a>.
  ieee: 'M. Pelster, A. Hofmann, N. Klocke, and S. Warkulat, “Dark Triad Personality
    Traits and Selective Hedging,” <i>Journal of Business Ethics</i>, doi: <a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>.'
  mla: Pelster, Matthias, et al. “Dark Triad Personality Traits and Selective Hedging.”
    <i>Journal of Business Ethics</i>, Springer, doi:<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>.
  short: M. Pelster, A. Hofmann, N. Klocke, S. Warkulat, Journal of Business Ethics
    (n.d.).
date_created: 2021-10-25T09:17:03Z
date_updated: 2022-05-20T10:16:58Z
department:
- _id: '186'
- _id: '578'
doi: 10.1007/s10551-021-04985-z
language:
- iso: eng
publication: Journal of Business Ethics
publication_status: accepted
publisher: Springer
quality_controlled: '1'
status: public
title: Dark Triad Personality Traits and Selective Hedging
type: journal_article
user_id: '67243'
year: '2021'
...
---
_id: '41197'
author:
- first_name: Regina
  full_name: Ortmann, Regina
  id: '10020'
  last_name: Ortmann
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
- first_name: Sebastian
  full_name: Krull, Sebastian
  id: '84497'
  last_name: Krull
- first_name: Nina
  full_name: Klocke, Nina
  id: '51025'
  last_name: Klocke
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Ortmann R, Warkulat S, Krull S, Klocke N, Pelster M. <i>COVID-19 Reporting
    and Willingness to Pay for Leisure Activities</i>. Vol 83.; 2021.
  apa: Ortmann, R., Warkulat, S., Krull, S., Klocke, N., &#38; Pelster, M. (2021).
    <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i> (Vol.
    83).
  bibtex: '@book{Ortmann_Warkulat_Krull_Klocke_Pelster_2021, series={Working Paper
    in Covid Economics: Vetted and REal-Time Papers}, title={COVID-19 Reporting and
    Willingness to Pay for Leisure Activities}, volume={83}, author={Ortmann, Regina
    and Warkulat, Sonja and Krull, Sebastian and Klocke, Nina and Pelster, Matthias},
    year={2021}, collection={Working Paper in Covid Economics: Vetted and REal-Time
    Papers} }'
  chicago: 'Ortmann, Regina, Sonja Warkulat, Sebastian Krull, Nina Klocke, and Matthias
    Pelster. <i>COVID-19 Reporting and Willingness to Pay for Leisure Activities</i>.
    Vol. 83. Working Paper in Covid Economics: Vetted and REal-Time Papers, 2021.'
  ieee: R. Ortmann, S. Warkulat, S. Krull, N. Klocke, and M. Pelster, <i>COVID-19
    Reporting and Willingness to Pay for Leisure Activities</i>, vol. 83. 2021.
  mla: Ortmann, Regina, et al. <i>COVID-19 Reporting and Willingness to Pay for Leisure
    Activities</i>. 2021.
  short: R. Ortmann, S. Warkulat, S. Krull, N. Klocke, M. Pelster, COVID-19 Reporting
    and Willingness to Pay for Leisure Activities, 2021.
date_created: 2023-01-31T13:05:49Z
date_updated: 2023-01-31T13:05:56Z
department:
- _id: '590'
intvolume: '        83'
language:
- iso: eng
series_title: 'Working Paper in Covid Economics: Vetted and REal-Time Papers'
status: public
title: COVID-19 Reporting and Willingness to Pay for Leisure Activities
type: working_paper
user_id: '21222'
volume: 83
year: '2021'
...
