and DRD4) are significant determinants of risk taking in investment decisions. We find that the 5-HTTLPR s/s allele … carriers take 28% less risk than those carrying the s/l or l/l alleles of the gene. DRD4 7-repeat allele carriers take 25% more … risk than individuals without the 7-repeat allele. These findings contribute to the emerging literature on the genetic …

particular, we found that optimism and anxiety were a liability in unfavorable markets, leading to unreasonable levels of risk …. Impulsivity was a liability in both favorable and unfavorable markets, leading to high risk on unfavorable markets, and low risk … in favorable markets. Openness to experience was an asset in unfavorable markets, leading to adjusted risk taking …

in the processing of information about risk, rewards and punishments. These findings imply that emotions may influence … manipulations, or endogenously by outcomes of prior actions -- indeed matters for financial risk taking, and that it does so by … people to take more risk, and to be more confident in their ability to evaluate the available investment options, relative to …

In this paper influence of behavioral factors (overconfidence and risk aversion) on financial decision making of … economic subjects is analyzed. For this purpose two kinds of experiments were conducted: asset market and risk aversion … risk aversion was implemented in a sample of former participants of the asset market experiment (32 persons). The presented …

In this paper influence of behavioral factors (overconfidence and risk aversion) on financial decision making of … economic subjects is analyzed. For this purpose two kinds of experiments were conducted: asset market and risk aversion … risk aversion was implemented in a sample of former participants of the asset market experiment (32 persons). The presented …

prior to financial risk taking. Since anticipation of diverse rewards can increase NAcc activation, even incidental reward … cues may influence financial risk-taking. Using event-related FMRI, we predicted and found that anticipation of viewing … rewarding stimuli (erotic pictures for 15 heterosexual males) increased financial risk taking, and that this effect was …

We investigate the influence of overconfidence and risk aversion on individual financial decision making in the … was followed by post hoc risk aversion measurement. Our results revealed that in the suggested setting, performance and … decreased sample differences in individual outcomes were overconfidence and not risk aversion driven. …