Huber, Christoph; Huber, Jürgen; Kirchler, Michael - In: Essays in experimental economics : decisions, beliefs, …, (pp. 39-67, 150-171). 2020
We investigate how the experience of extreme events, such as the COVID-19 market crash, influence risk-taking behavior …. To isolate changes in risk taking from other factors, we ran controlled experiments with finance professionals in … risky during the crash than before. Thus, lower investments are driven by higher risk aversion, not by changes in beliefs. …