Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets …) conducted by the Bank of Spain, we show that households with less trust invest more in housing and less in financial assets, in …

Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets …) conducted by the Bank of Spain, we show that households with less trust invest more in housing and less in financial assets, in …

This paper investigates the risk-return relationship in determination of housing asset pricing. In so doing, the paper … by examining the impact of additional risk factors including aggregate stock market returns, idiosyncratic risk, momentum … measures of risk and other housing market fundamentals. Additional tests of the validity of the model using the Fama …

regularities by developing a new firmbased trade model wherein managers are risk averse. Higher volatility induces the reallocation …

In addition to discrimination, market power, and human capital, gender differences in risk preferences might also … in any given period. Subjects were informed of the exogenous risk premium being offered for the risky job. Women were … gap in the experiments. That women were more risk averse than men was also manifest in the Pratt-Arrow Constant Absolute …

In the paper we present the application of risk neutral measure estimation in the analysis of the index WIG20 from … Polish stock market. The risk neutral measure is calculated from the process of the options on that index. We assume that … risk neutral measure is the mixture of lognormal distributions. The parameters of the distributions are estimated by …

perturbation theory to derive an approximate tractable expression for this cost adjusted for climatic and economic risk. We allow … for different aversion to risk and intertemporal fluctuations, skewness and dynamics in the risk distributions of climate …