Past psychology research suggests that some people are more prone than others to take risks in uncertain situations, such as investing money in risky business ventures, consuming addictive substances ...

To survive in complex and unpredictable environments, humans and other animals need to learn to predict the consequences of their actions, so that they can reduce risks and maximize their gains. In ...

Risk preference refers to an individual's attitude towards financial risk, which affects their willingness to invest in assets with uncertain outcomes. It is a key factor that influences investment ...

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 ...

While it is well known that fighting over money can lead couples to divorce court, new research finds that differences in risk preferences, especially when it comes to financial matters, are likely a ...