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This paper focuses on risk tolerance which clearly influences financial decision making. We explore the emotional side … of a risk taking behaviour, comparing alternative measures of financial risk tolerance resulting from the consilience of … unbiased risk tolerance (UR), which is obtained from the psycho physiological reactions of individuals taking risk in …
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A fairly extensive literature from the field of empirical psychology has provided evidence that personality factors and attitudes toward credit may influence individuals' debt financing decisions. This paper investigates the importance of these factors by analysing the results of an original...
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