A Critical Perspective on the Conceptualization of Risk in Behavioral and Experimental Finance
نویسندگان
چکیده
Risk is one of the key aspects in financial decision-making and therefore an integral part behavioral economics finance literature. Focusing on conceptualization term risk, which researchers have addressed from numerous angles, this comment aims to offer a critical perspective interactions between risk preferences (a latent trait), perceptions (how individuals judge whether something risky), risk-taking behavior as distinct concepts, hence guide future research (individual-level) processes direction.
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3816460