responsible for somebody else's payoffs increases risk aversion. This is however not attributable to a "cautious shift" as often … thought. Indeed, looking at risk attitudes in the loss domain, we find an increase in risk seeking under responsibility. This … raises issues about the nature of various decision biases under risk, and to what extent changed behavior under …

The financial risk does not only affect the future of a company, but also the dynamic of the economy itself. Therefore …, a thorough examination of the risk in the decision-making process of a company represents a substantial aspect. Although … information that helps explaining trends, relationships and changes that can occur in the variables. Risk assessment expects that …

affected people’s prospect-theory risk preferences, especially in the loss domain. The panel analysis indicates that with the …