Investigators have identified a small group of nerve cells in a specific brain region of rats whose signaling activity, or lack of it, explains the vast bulk of differences in risk-taking preferences ...

The US Food and Drug Administration’s emergency authorization of three COVID-19 vaccines in a span of three months was welcome news to many who were eager to get inoculated; but for others, it spelled ...

This is a preview. Log in through your library . Abstract In this article we use laboratory experiments to ask a fundamental question: Do individuals behave as if their risk preferences are stable ...

Your financial adviser may be pushing for a higher stock allocation than feels right to you. Before you dismiss that advice – or switch advisers – new research suggests this tension may actually work ...

People differ in their willingness to take risks. An individual's propensity for risk taking can also vary across domains. However, there is new evidence showing that there is also a general factor of ...

Stochastic dominance has long been a fundamental tool in financial decision‐making, providing a robust non-parametric framework to compare different probability distributions of asset returns. By ...

While it is well known that fighting over money can lead couples to divorce court, new research from the University of California San Diego’s Rady School of Management finds that differences in risk ...

Risk tolerance is a deeply personal trait. It shapes how we think, feel, and behave, and is a core part of our identity and psychology as investors. Yet, it’s notoriously difficult to measure this ...

The roles of selection and endogeneity in measured risk preferences are illustrated using the correlation between risk attitudes and firm survival. Selection bias occurs when risk attitudes are ...

If your new boyfriend smokes, will he risk your relationship for the thrill of a one-night stand? What if your accountant likes to go base jumping at the weekend – might she be more likely to take ...