This paper looks to see if departures from risk neutrality cause subjects to behave differently in randomly terminated … randomly terminated supergames as subjects become more risk averse/seeking. I then take this theoretical result into the lab … to play in randomly terminated supergames and those they chose to play in discounted supergames, even when their risk …

show that the assumption of positive discounting is not always true. The presented experimental study shows how a decrease … in probability increases the chances of negative discounting. According to the results, the expected large, uncertain … in the frequency of negative discounting due to increased uncertainty. The results of the study broaden the existing …

We examine whether sensitivities to cash flow (CF) and discount rate (DR) risk in down markets provide an explanation … how productivity and financing constraints asymmetrically impact the systematic risk of low-investment and high …

a strong positive relation to conditional international equity and currency risk premia, as well as a close link to …