This paper investigates (i) the robustness of hindsight bias in experimental asset markets, (ii) the time invariance of the different experimental risk elicitation methods of certainty equivalents and binary lottery choices, and (iii) their correspondence. The results of our within-subjects...

The current crisis is different from the situation 2008/2009, but again it is a tremendous chal-lenge for the economies across Europe. The Corona-crisis is hitting the economies symmetri-cally, though with differences in magnitude levels, while the 2009 crisis was primarily a crisis of the...

Financial reforms in the former command economies of Central and Eastern Europe have given birth to institutions that further the links between these economies and the world economy. This book studies in a comparative framework financial developments in Central and Eastern Europe and highlights...