degree of pessimism of the representative agent is the mean of the individual ones weighted by their index of absolute risk …

We develop a novel firm-level measure of cybersecurity risk using textual analysis of cybersecurity-risk disclosures in … corporate filings. The measure successfully identifies firms extensively discussing cybersecurity risk in their 10-K, displays … intuitive relations with quantitative measures of cybersecurity risk disclosure language, exhibits a positive trend over time …

empirically show two main findings: first, risk-taking is positively related to the length of tax loss periods because the loss … rules shift some risk to the government; and second, the tax rate has a positive effect on risk-taking for firms that expect …

. In line with the theory, subjects are more likely to seek confirmatory information when sources are symmetrically …

of risk-averse investors who select risky projects in an environment characterized by epistemic uncertainty (risk …