The low degree of stock market participation (SMP) is one of the big puzzles in finance. Numerous determinants have been proposed. We put these determinants into a structure that is derived from a standard static portfolio model. Then we discuss arguments put forward regarding specific SMP...

Global climate change has also become a problem faced by college students in Korea. College students can also participate in climate change-related actions, such as reducing disposables. This study investigated the effects of perception of climate change risk, media use, and personal...

A perception at the core of studies that consider the link between social rank and stress (typically measured by the so-called stress hormone cortisol) is that the link is direct. Examples of such studies are Bartolomucci (2007), Beery and Kaufer (2015), and Koolhaas et al. (2017). A recent and...

Narrow bracketing in combination with loss aversion has been shown to reduce individual risk-taking. This is known as myopic loss aversion (MLA) and has been corroborated by many studies. Recent evidence has contested this notion indicating that MLA's applicability is confined to highly...

This study replicates and extends the work of Falk and Hermle (2018. “Relationship of Gender Differences in Preferences to Economic Development and Gender Equality.” Science 362 (6412): eaas9899), who hypothesized that gender differences in economic preferences (patience, altruism,...

Psychological traits have received significant attention in labour market research in recent decades. Unfortunately, empirical evidence remains limited for some psychological traits and their interactions. To address this gap, we conduct a representative survey of employees, assessing...