Risk is one of the key aspects in financial decision-making and therefore an integral part of the behavioral economics … and finance literature. Focusing on the conceptualization of the term "risk", which researchers have addressed from … numerous angles, this comment aims to offer a critical perspective on the interactions between risk preferences (a latent trait …

Making financial decisions under risk and uncertainty has become part of everyday life. Traditional finance explores … the objective side of risk, analysing the decisions made by perfectly rational individuals in efficient market conditions …. The paper presents the risk component of financial and investment decisions from behaviour finance view point. In addition …

This paper reports the results of an experiment that brings together psychological measures of competence and … ambiguous lotteries in a financial decision context. The experiment can be viewed in two parts. The first part replicates an … used to explain elicited certainty equivalents in the second part of the experiment. Certainty equivalents were elicited …

We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions … after receiving outcome information on previous decisions. We find that in all decisions risk taking can be predicted by …

This paper focuses on determining the factors influencing investors' risk-taking through empirical evidence from … Vietnam. This study investigates risk perception, expected return and herding behavior, and other determinants such as … historical volatility and subjective financial risk attitude; according to previous studies, these are the main components …