Risk attitude & Economics

Risk attitude & Economics PDF Author: Laura Concina
Publisher: FonCSI
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 55

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Book Description
This document is an introduction, for non-economists, to standard and behavioral economic theories of risk and uncertainty. It describes some broadly-accepted results in economics that are determinant in decision-making under risk or uncertainty and in situations where we have to deal with losses and gains. To illustrate this point, the document presents a selection of theoretical results, ponctuated with examples taken from everyday life, and research studies in economics and psychology on the perception of risk.

Risk attitude & Economics

Risk attitude & Economics PDF Author: Laura Concina
Publisher: FonCSI
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 55

Get Book Here

Book Description
This document is an introduction, for non-economists, to standard and behavioral economic theories of risk and uncertainty. It describes some broadly-accepted results in economics that are determinant in decision-making under risk or uncertainty and in situations where we have to deal with losses and gains. To illustrate this point, the document presents a selection of theoretical results, ponctuated with examples taken from everyday life, and research studies in economics and psychology on the perception of risk.

Handbook of the Economics of Risk and Uncertainty

Handbook of the Economics of Risk and Uncertainty PDF Author: Mark Machina
Publisher: Newnes
ISBN: 0444536868
Category : Business & Economics
Languages : en
Pages : 897

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Book Description
The need to understand the theories and applications of economic and finance risk has been clear to everyone since the financial crisis, and this collection of original essays proffers broad, high-level explanations of risk and uncertainty. The economics of risk and uncertainty is unlike most branches of economics in spanning from the individual decision-maker to the market (and indeed, social decisions), and ranging from purely theoretical analysis through individual experimentation, empirical analysis, and applied and policy decisions. It also has close and sometimes conflicting relationships with theoretical and applied statistics, and psychology. The aim of this volume is to provide an overview of diverse aspects of this field, ranging from classical and foundational work through current developments. Presents coherent summaries of risk and uncertainty that inform major areas in economics and finance Divides coverage between theoretical, empirical, and experimental findings Makes the economics of risk and uncertainty accessible to scholars in fields outside economics

Cultural Finance: A World Map Of Risk, Time And Money

Cultural Finance: A World Map Of Risk, Time And Money PDF Author: Thorsten Hens
Publisher: World Scientific
ISBN: 9811221960
Category : Business & Economics
Languages : en
Pages : 573

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Book Description
This book provides a comprehensive overview of the emerging field of cultural finance. It summarizes research results of cultural differences in financial decision making and financial markets. Many of the results have been published in leading academic journals over the last ten years but some are presented here for the first time. The book is based on an international survey on risk and time preferences — the INTRA study, conducted in 53 countries worldwide. Applications to financial markets include the equity premium puzzle, the value premium, dividend payout policies and asset allocations.

Risk Attitude & Economics

Risk Attitude & Economics PDF Author: Laura Concina
Publisher:
ISBN:
Category :
Languages : en
Pages : 43

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Book Description


Handbook of Risk Theory

Handbook of Risk Theory PDF Author: Rafaela Hillerbrand
Publisher: Springer Science & Business Media
ISBN: 9400714335
Category : Science
Languages : en
Pages : 1209

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Book Description
Risk has become one of the main topics in fields as diverse as engineering, medicine and economics, and it is also studied by social scientists, psychologists and legal scholars. But the topic of risk also leads to more fundamental questions such as: What is risk? What can decision theory contribute to the analysis of risk? What does the human perception of risk mean for society? How should we judge whether a risk is morally acceptable or not? Over the last couple of decades questions like these have attracted interest from philosophers and other scholars into risk theory. This handbook provides for an overview into key topics in a major new field of research. It addresses a wide range of topics, ranging from decision theory, risk perception to ethics and social implications of risk, and it also addresses specific case studies. It aims to promote communication and information among all those who are interested in theoetical issues concerning risk and uncertainty. This handbook brings together internationally leading philosophers and scholars from other disciplines who work on risk theory. The contributions are accessibly written and highly relevant to issues that are studied by risk scholars. We hope that the Handbook of Risk Theory will be a helpful starting point for all risk scholars who are interested in broadening and deepening their current perspectives.

Risk Aversion in Experiments

Risk Aversion in Experiments PDF Author: G.W. Harrison
Publisher: Emerald Group Publishing
ISBN: 0762313846
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
Presents research utilizing laboratory experimental methods in economics.

Risk Aversion in Experiments

Risk Aversion in Experiments PDF Author: G.W. Harrison
Publisher: Emerald Group Publishing
ISBN: 1849505470
Category : Business & Economics
Languages : en
Pages : 449

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Book Description
Presents research utilizing laboratory experimental methods in economics.

The economic measurements of psychological risk attitudes

The economic measurements of psychological risk attitudes PDF Author: Gijs van de Kuilen
Publisher: Rozenberg Publishers
ISBN: 905170951X
Category :
Languages : en
Pages : 164

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Book Description


Measuring Risk Aversion

Measuring Risk Aversion PDF Author: Donald J. Meyer
Publisher: Now Publishers Inc
ISBN: 193301945X
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
Provides a detailed discussion of the adjustment of risk references and how to go about making such adjustments to a common scale. By adjusting all information to this common scale, results across studies can be easily summarized and compared, and the body of information concerning risk aversion can be examined as a whole

Understanding and Managing Risk Attitude

Understanding and Managing Risk Attitude PDF Author: Dr David Hillson
Publisher: Gower Publishing, Ltd.
ISBN: 1409450503
Category : Business & Economics
Languages : en
Pages : 207

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Book Description
Despite many years of development, risk management remains problematic for the majority of organizations. One common challenge is the human dimension, in other words, the way people perceive risk and risk management. Risk management processes and techniques are operated by people, each of whom is a complex individual, influenced by many different factors. And the problem is compounded by the fact that most risk management involves people working in groups. This introduces further layers of complexity through relationships and group dynamics. David Hillson's and Ruth Murray-Webster's Understanding and Managing Risk Attitude will help you understand the human aspects of risk management and to manage proactively the influence of human behaviour on the risk process. The authors introduce a range of models, perspectives and examples to define and detail the range of possible risk attitudes; looking both at individuals and groups. Using leading-edge thinking on self-awareness and emotional literacy, they develop a powerful approach to address the most common shortfall in current risk management: the failure to manage the human aspects of the process. All this is presented in a practical and applied framework, rather than as a theoretical or academic treatise, based on the authors' shared experiences and expertise, rather than empirical research. Anyone involved in implementing risk management will benefit from this book, including risk practitioners, senior managers and directors responsible for corporate governance, project managers and their teams. It is also essential reading for HR professionals and others interested in organizational or behavioural psychology. This second edition is updated to strengthen the understanding of individual risk attitudes and reinforce what individuals can do to manage those risk attitudes that are leading them away from their objectives. For people who want to embrace this subject, the book highlights ways forward that are proven and practical.