TY - JOUR A1 - Uhlendorff, Harald A1 - Artelt, Cordula A1 - Krappmann, Lothar T1 - Selbstverantwortung von Kindern und kontrollierende Erziehungseinstellungen in Ein- und Zwei-Eltern-Familien Y1 - 2001 ER - TY - JOUR A1 - Uhlendorff, Harald T1 - Parentin in times of social transformation Y1 - 2000 SN - 0-7146-8134-2, 0-7146-5093-5 ER - TY - JOUR A1 - Schuster, Beate H. A1 - Uhlendorff, Harald A1 - Schmidt, Brita A1 - Traub, Angelika T1 - Bedingungen mitbürgerlichen Engagements : Interaktionserfahrungen in der Familie und Verantwortungsübernahme durch Heranwachsende Y1 - 2000 SN - 3-8100-2913-0 ER - TY - JOUR A1 - Uhlendorff, Harald T1 - Parents' and children's friendship networks Y1 - 2000 SN - 0192-513X ER - TY - JOUR A1 - Uhlendorff, Harald A1 - Krappmann, Lothar T1 - Kinderfreundschaften und Freundschaftskonzept Y1 - 1999 SN - 1435-4594 ER - TY - JOUR A1 - Krappmann, Lothar A1 - Uhlendorff, Harald T1 - Soziometrische Akzeptanz in der Schulklasse und Kinderfreundschaften Y1 - 1999 SN - 3-89271-865-2 ER - TY - JOUR A1 - Krappmann, Lothar A1 - Uhlendorff, Harald A1 - Oswald, Hans T1 - Qualities of Childrenïs Friendships in Middle Childhood in East- and West Berlin Y1 - 1999 SN - 3-11-016500-7 ER - TY - RPRT A1 - Caliendo, Marco A1 - Cobb-Clark, Deborah A. A1 - Pfeifer, Harald A1 - Uhlendorff, Arne A1 - Wehner, Caroline T1 - Managers’ Risk Preferences and Firm Training Investments T2 - CEPA Discussion Papers N2 - We provide the first estimates of the impact of managers’ risk preferences on their training allocation decisions. Our conceptual framework links managers’ risk preferences to firms’ training decisions through the bonuses they expect to receive. Risk-averse managers are expected to select workers with low turnover risk and invest in specific rather than general training. Empirical evidence supporting these predictions is provided using a novel vignette study embedded in a nationally representative survey of firm managers. Risk-tolerant and risk-averse decision makers have significantly different training preferences. Risk aversion results in increased sensitivity to turnover risk. Managers who are risk-averse offer significantly less general training and, in some cases, are more reluctant to train workers with a history of job mobility. All managers, irrespective of their risk preferences, are sensitive to the investment risk associated with training, avoiding training that is more costly or targets those with less occupational expertise or nearing retirement. This suggests the risks of training are primarily due to the risk that trained workers will leave the firm (turnover risk) rather than the risk that the benefits of training do not outweigh the costs (investment risk). T3 - CEPA Discussion Papers - 44 KW - Manager Decisions KW - Employee Training KW - Risk Attitudes KW - Human Capital Investments Y1 - 2022 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-538439 SN - 2628-653X IS - 44 ER -