We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …-assessed risk tolerance measures are not suitable for predicting risk taking in any stage of the decision process. Among the …. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions …

to precise "objective" measures, when expressing risk, subjective elements should be considered - investors' risk …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 present study reviews the literature about dynamic decision-making and judgment of low-probability, high …-consequence events. The specific features of this situation under risk and uncertainty imply an anomaly: while the single probability of … effective policies and risk management strategies ... ; eng …