Publication: What drives risk perception? A global survey with financial professionals and lay people
What drives risk perception? A global survey with financial professionals and lay people
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Holzmeister, F., Huber, J., Kirchler, M., Lindner, F., Weitzel, U., & Zeisberger, S. (2020). What drives risk perception? A global survey with financial professionals and lay people. Management Science, 66(9), 3799–4358. https://doi.org/10.1287/mnsc.2019.3526
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Risk is an integral part of many economic decisions, and is vitally important in finance. Despite extensive research on decision-making under risk, little is known about how risks are actually perceived by financial professionals, the key players in global financial markets. In a large-scale survey experiment with 2,213 finance professionals and 4,559 lay people in nine countries representing ~50% of the world's population and more than 60% of the world's gross domestic product, we expose participants to return distributions with equa
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- Holzmeister, Felix
- Huber, Jürgen
- Kirchler, Michael
- Lindner, Florian
- Weitzel, Utz
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Holzmeister, F., Huber, J., Kirchler, M., Lindner, F., Weitzel, U., & Zeisberger, S. (2020). What drives risk perception? A global survey with financial professionals and lay people. Management Science, 66(9), 3799–4358. https://doi.org/10.1287/mnsc.2019.3526