Making financial decisions under risk and uncertainty has become part of everyday life. Traditional finance explores … the objective side of risk, analysing the decisions made by perfectly rational individuals in efficient market conditions …. The paper presents the risk component of financial and investment decisions from behaviour finance view point. In addition …

men. Once risk attitude is controlled for, this effect shrinks to only 2.6 percent. We find no difference when single … participation is mainly explained by different risk attitudes and monetary endowments, but women would participate even less in the … capital market if they reacted as sensitively to risk aversion as their male counterparts. Lastly, given participation in the …

different investment horizons on expected returns and risk perception in Indonesia. We used students of Master of Science … long-term risk while overestimating the short-term risk. They also tend to assess lower subjective risk in longer horizon … and are significantly inclined to forecast higher risk-adjusted expected returns in long investment horizon than those in …

increases in investors' risk aversion which in turn increases investors' proneness to familiarity bias. I hypothesize that … volatility is high. The average home bias and country concentration of investors' foreign holdings are of 8-10% larger during …

This paper studies the relationship between mutual fund manager investment horizons and managerial risk …-taking decisions. I find that in general mutual funds reporting longer maximum evaluation horizons have lower risk levels. The low risk … investment horizon and optimal risk taking is indeed negative for managers confident in their investment abilities. Overall, this …

this relation is driven by a link between internal economic locus of control and a lower perception of the risk of …

financial professionals and investigate how anonymous rankings influence risk-taking in investment decisions. We find that … rankings increase risk-taking because of financial professionals' desire for positive self-image. This particularly applies to … underperformers, who take the highest risks. Incentivizing rankings monetarily does not further increase risk-taking. In a comparative …

We introduce a new class of momentum strategies, the risk-adjusted time series momentum (RAMOM) strategies, which are … how these volatility measures can be used for risk management. We find that momentum risk management significantly … increases Sharpe ratios, but at the same time may lead to more pronounced negative skewness and tail risk. Furthermore, momentum …

-established determinants of returns from the real world also affect asset prices in this market, despite the absence of systematic risk. The …