How do economic agents perceive risk? We address this question through the neurosciencetheory of adaptive normalization … laboratory tests, we find strong support for this theory. The evidence suggests thatthese neurobiologically-grounded perceptual …

The study investigates the stability of financial risk preference choices elicited from subjects by way of two methods …, namely: experimentally elicited incentivized revealed risk preferences (IRRP) and (self-reported) perceived willingness to … take a financial risk (PWTFR). The research further examines whether financial literacy (a human capital aspect) helps in …