This study develops three heuristics to measure financial optimism: financial expectation, a priori optimism, and a … posteriori optimism. This paper finds that financial optimism has a significant positive effect on risk taking behaviour …

-aversion, more risk-averse agents are more optimistic. This correlation between individual risk-aversion and optimism leads to a …

Vulnerability–resilience indexes fail to grasp all dimensions of sustainability, whereas sustainable development has … gained momentum. We fill this gap with a hierarchical multimetric composite index (Net Vulnerability Resilience Index: NVRI … vulnerability and resilience are policy-responsive and that (ii) there is no determinism for a country to remain vulnerable or …

resilience. As debated in the economic literature, these territories present structural characteristics - smallness, remoteness … the results, but also to the validity of the used methodologies which appear contingent to the specific studied resilience …. A complete and new composite index of vulnerability and resilience is suggested in accordance with the following generic …

Several assessments of vulnerability and resilience have been attempted at a country level through composite indices … network of variables that depict vulnerability and resilience from a sustainable development perspective. Vulnerability is … defined as the propensity to incur adverse shocks whereas resilience is the capacity to cope with their negative effects. We …

’ component across markets. Against the background of the recent financial crisis, the aim is to contribute to the literature on …