, both mispricing and asset turnover are lower when the pool of traders is more risk-averse. …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability …

prospects in a laboratory experiment. Under low stakes, we find the typical risk seeking behavior for small probabilities …Most studies on the role of incentives on risk attitude report data obtained from within-subject experimental … paper reports instead between-subject results on the effect of monetary stakes on risk attitudes for small probability …

stereotype of risk averse and less competitive older employees. …

The classical expected utility model of decision under risk (von Neumann-Morgenstern, 1944) has been criticized from an … could dislike risk (prefer to any lottery its expectation) without necessarily avoiding any increase in risk ; diminishing … marginal utility may coexists with "weak" risk seeking attitudes ; decision makers with the same utility function may differ in …

This paper proposes an experiment about the attitude toward probabilities on a population of portfolio managers. Its …