The volatility of tenant periodical cash flows produced by investment property can dramatically affect the expected return as estimated ex-ante, especially in recession times. Therefore tenant risk is a crucial factor for real estate investorsí strategies and asset allocation choices. The paper...

The certainty and the volatility of tenant periodical cash flows related to real estate investments can prominently impact on the expected return estimated ex-ante. Therefore the tenant risk is a crucial factor for the investors and their asset allocation choices. The paper considers the Italian...

The present collective work gathers views on how behavioural finance, neuroscience, sociology, cognitive psychology and pedagogy may contribute to improve measurement of financial knowledge, elicitation of personal attitudes, targeting audiences and delivery of educational programmes. These...