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We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions … after receiving outcome information on previous decisions. We find that in all decisions risk taking can be predicted by …
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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 …
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We study three fundamental components of financial agency settings: Perception and communication of investment profiles, the interaction of agents’ and clients’ preferences, and the role of (non-)monetary incentives. The perception of investment profile terminology is very heterogeneous,...
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-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 …
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