We use household survey data to construct a direct measure of absolute risk aversion based on the maximum price a consumer is willing to pay to buy a risky asset. We relate this measure to a set of consumers’ decisions that in theory should vary with attitude towards risk. We ...nd that elicited risk aversion has considerable predictive power for a number of key household decisions such as choi...

OBJECTIVE The aim of this study was to compare screening performance for Down syndrome of the absolute risk (AR) method to the first trimester combined test (FCT) at different maternal ages. METHODS There was a retrospective analysis of 32,448 FCT. AR was defined as final risk divided by maternal age risk. RESULTS The likelihood of receiving a true prediction was comparable between both met...

July-August 2012 Imagine you fly home from vacation with your one-and-ahalf-year-old son who is traveling for free as a “lap child.” In the airport parking lot, you put him into his forwardfacing car seat, where he sits much more contentedly than he did in the rear-facing one that was mandatory until his first birthday. After he falls asleep on the way home, you transfer him to his crib without...