On the one hand, empirical evidence shows that in financial markets women seem to behave more risk averse than men. On … matters. In investment and insurance contexts with given probabilities women seem to expose approximately the same risk … information may be important. We conducted a lottery experiment introducing three types of probability information: pure risk …

The article presents a historical review of the literature related to the empirical problem of excessive risk premium …. The risk premium (the difference between the return on equities and risk-free rate) observed in financial markets cannot …

variance risk premium confirms for the first time empirically the hypothesis that investors demand more information as their … level of risk aversion increases. …