Huber, Christoph; Huber, Jürgen; Kirchler, Michael - 2021
We investigate how volatility shocks affect investors' risk-taking, risk perception and forecasts. We run artefactual … investments are negatively associated with the price change and performance of the stock and their perceived risk increases to a … similar extent following shocks of all directions. Students' risk perception, in contrast, is more closely related to the …