Risk preference is one of the most important building blocks of choice theories in the
behavioural sciences. In economics, it is often conceptualized as preferences concerning …

While traditional finance focuses on the tools used to optimize return and minimize risk, this
book explains how psychology can affect our decisions more than financial theory. Covering …

This paper will focus on the relationship between cognitive ability and decision-making
under risk and uncertainty. Taken as a whole, this research indicates that cognitive ability is …

There is a great deal of uncertainty in the world. One common source of uncertainty results
from incomplete or missing information about probabilistic outcomes (ie, outcomes that may …

Understanding what lies behind actual COVID-19 vaccine hesitancy is fundamental to help
policy makers increase vaccination rates and reach herd immunity. We use June 2021 data …

We investigate and compare the effects of financial literacy and financial interest on risk
tolerance, evaluating not only at the means, but also the whole distribution. We use a unique …

Purpose Coronavirus (COVID-19) pandemic forced nationwide lockdown in India. During
the period of lockdown usage of eWallet increased by 44%. With the increased usage of …

We investigate the link between age and tolerance of financial risks in the context of attitude
to risk questionnaires completed by clients when meeting their financial advisors. Using a …

Aging has long been thought to be associated with changes in risk-taking propensity. But do
different measures converge in showing similar age-related patterns? We conducted a study …

An extensive literature in economics investigates the relationship between cognitive abilities
and financial risk attitudes. Yet, little is known about the importance of non-cognitive skills for …