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Today's top financial professionals have come to rely on ever-more sophisticated mathematics in their attempts to come to grips with financial risk. But this excessive reliance on quantitative precision is misleading--and puts everyone at risk. In Plight of the Fortune Tellers, Riccardo Rebonato...
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Switzerland. Based on survey data of 449 individuals from Austria and Switzerland, we first analyze which socio-demographic and … show a higher level of financial literacy in Switzerland compared to Austria, and the difference is even larger for the …
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