Our study analyzes the determinants of investors' risk-taking behavior. We find that investors'
risk-taking behavior is affected by their subjective risk attitude in the financial domain and by …

The game theoretic perspective in auction bidding has provided a powerful normative
framework for the analysis of auctions and it has generated an impressive volume of …

This paper demonstrates that prospect theory's (PT) predictions differ dramatically from what
strategy scholars have inferred. PT's value function predicts negative risk‐return …

Many papers in organization theory and strategy use prospect theory, but few derive their
hypotheses from prospect theory's formal model. This paper develops a prospect theory …

We explore how individual risk perception influences prices and trading behavior in a
market setting. Specifically, our study lets experimental participants trade assets …

BACKGROUND: Bipolar disorder (BD) is associated with high-risk behaviors, such as
gambling and impulsivity. However, little is known about the psychological factors that …

The purpose of this paper is to systematically review the literature published on various
aspects of risk perception about equity investment. It also aims to raise specific questions for …

While timely emergency OR access is strictly required in many specialties, this paper
provides a highly responsive preventive-reactive scheduling procedure to address …

Developed from the authors' longstanding course on decision and risk analysis, Value-
Added Decision Making for Managers explores the important interaction between decisions …

Most finance literature assumes that risk is synonymous with volatility, and that economic
agents share this perception. This definition is also commonly used by financial advisors …