. A standard explanation of the disposition effect refers to prospect theory and in particular to the asymmetric risk … aversion according to which investors are risk averse when faced with gains and risk-seeking when faced with losses. We show … that the investment has taken place, but not ex-ante, requiring that the investment is made in the first place. …

individuals' risk attitudes changed due to this revolution. Specifically, we investigate the impact of the revolution on risk … Budget Survey, which allows us to track the changes in the risk attitudes of the same individuals before, during and after … the revolution. Our results suggest that the impact of the revolution is short-term. Individuals become risk averse during …

We introduce a framework for analyzing the interplay between credit risk and collateralmarket risk on loan pricing. To … collateral value are correlated. We provide several applications to portfolio credit andcollateral risk management.[...] …

financial knowledge and are more risk-tolerant than non-owners. Distrust in banks or in conventional currencies is not found to … volatility or the risk of fraud and online theft dampen the demand for crypto-assets. …

, regardless of his preferences, initial wealth or investment problem. It is also shown that no prior-independent informativeness …

explained by an individual’s perception of the risk that is involved whenever an outcome is to be received in the future. This … risk may concern the size of the actual outcome or the endowment consumption stream to which the outcome is added. Both … experiments. We show how relative degrees of changes in risk over time can predict choices. …