the correspondence of different experimental risk elicitation methods. Overall, 64 participants traded two assets on eight …) found little correspondence between different experimental risk elicitation methods. -- Prospect Theory ; Framing … ; Disposition Effect ; Financial Markets ; Risk Attitude …

report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains …

will pick a portfolio with higher risk, "gambling" on a lucky outcome, (iv), when the fee structure is endogenous, both …

future nominal values via a cost of living index is an appropriate way to handle the problem of real income risk. Nonetheless … rational individual always voluntarily purchase protection against such risk? A model is developed to shed some light on this … aspect. It shows that the optimal behaviour depends - as expected - on the cost of protection and the risk preferences of the …

We introduce the notion of a convex measure of risk, an extension of the concept of a coherent risk measure defined in … the underlying space of scenarios. As a case study, we consider convex measures of risk defined in terms of a robust not … ion of bounded shortfall risk. In the context of a financial market model, it turns out that the representation theorem is …

This paper presents a general theory that works out the relation between coherent risk measures, valuation bounds, and … preferences, in the way many coherent risk measures are somewhat generic. -- coherent risk rneasures ; valuation bounds …