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differences in risk preference were associated primarily with cultural differences in the perception of the risk of the financial …In this study, respondents from the P.R.C., U.S.A., Germany, and Poland were found to differ in risk preference, as … measured by buying prices for risky financial options. Chinese respondents were significantly less risk-averse in their pricing …
Persistent link: https://www.econbiz.de/10009204003
This paper discusses key findings of the Detailed Assessments of the Observance of Standards and Codes for Banking Supervision, Insurance Supervision, and Securities Regulation for Panama. The International Organization of Securities Commissions (IOSCO) assessment considered the securities...
Persistent link: https://www.econbiz.de/10011245095
the danger of terrorism and its complex repercussions on the financial markets. This paper explores the ways in which … strengthened so as to further enhance the resilience of financial markets to terrorism. …
Persistent link: https://www.econbiz.de/10005599351
the level of recalled emotions in both regions, while it did not have any impact on individuals’ risk judgments. The …
Persistent link: https://www.econbiz.de/10008635675
The perceived risk of terrorism was studied in a group of Swedish respondents. The over-all level of perceived risk of … terrorism was low in this group. Risk to others from terrorism was rated as higher than personal risk, suggesting a relatively … confused and misinformed about the modern world. The perceived risk of terrorism correlated strongly with items measuring the …
Persistent link: https://www.econbiz.de/10005802479
depends on the country's perceived terrorism risk. We document that terrorism risk perception is able to explain a … statistically significant portion of cross-country abnormal returns' variation. Moreover, risk perception's predictive power over … are the diffusion mechanisms of terrorist shocks, nor whether the diffusion pattern is uniform. Given terrorism …
Persistent link: https://www.econbiz.de/10008519458
The emergence of transnational terrorism in Western countries has raised the debate about security measures, some of … an exogenous source of variation to study the dynamics of risk perceptions and its impact on the readiness to trade off … dramatically affected by changes in individual risk assessments brought on after a terrorist attack, and document the extent of its …
Persistent link: https://www.econbiz.de/10008519461
changes in fear and risk perception on the part of firms, households and government. Both affect the size of the regional …-run resource loss via business interruption. Changes in fear and risk perception increase the supply cost of resources to the … economic agents may switch their preferences away from goods produced. We show that because perception effects may have …
Persistent link: https://www.econbiz.de/10008480062
both regions, but it did not affect risk judgments. The results of the analytical framework in the northern region support … both the valence approach, in which negative emotion increases pessimism about risk (Johnson \& Tversky, 1983), and the …
Persistent link: https://www.econbiz.de/10005108378
variation to study the dynamics of risk perception and the effect on the readiness to trade off civil liberties for enhanced …Transnational terrorism in Western countries has raised questions about security measures that constrain civil … individual risk assessments due to a terrorist attack. We document the extent of persistence of changed attitudes. …
Persistent link: https://www.econbiz.de/10011056248