Estimates of agents' risk aversion differ between market studies and experimental studies. We demonstrate that the … background wealth as well as across risky outcomes: Risk aversion is similar whenever similar degrees of narrow framing is … assumed in either setting. Risk aversion, narrow framing, background wealth, laboratory experiments, market studies, equity …

We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions … after receiving outcome information on previous decisions. We find that in all decisions risk taking can be predicted by …

participants' understanding of the underlying risk-return profile and prompts them to reconsider their investment decisions and to … choose riskier financial products without regretting their higher risk-taking behavior afterwards. This method of experienced …

consider is standard asset allocation data. The client data is determined by a standard risk profiling question and the …