Often we confront risks: opportunities where we have some probability of gaining or losing something and have to decide whether or not to accept the opportunity. The simplest risks are financial. For ...

Risk aversion is a fundamental trait shaping how individuals, firms and policymakers respond to uncertain outcomes. It encapsulates the preference for certain outcomes over gambles with equivalent ...

Life is a series of choices. Every time you make a decision, there is a possibility that things won’t go as expected (risk) or that something bad will happen (loss). Aversion to risk and loss have ...

Associate Professor Paola Sapienza explores the influence of testosterone on risk-sensitive financial decisions and long-term career choices 8/24/2009 - The battle of the sexes rages on, this time ...

How do individuals make decisions in situations involving risk? How do we instinctually trade off the potential for a gain with the potential for loss? Most individuals fear losses more than they like ...

Investors differ in how they approach risk, and these approaches influence their decision-making and portfolio strategies. Risk-neutral investors focus solely on the potential returns of an investment ...

Daniel Kahneman, winner of the Nobel Prize in economics 2002 and co-author of "Your company is too risk-averse" (Photo by Sean Gallup/Getty Images for Burda Media) Yet another article on risk ...