A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its …
HC Kunreuther, MV Pauly, S McMorrow - 2013 - books.google.com
This book examines the behavior of individuals at risk and insurance industry decision makers involved in selling, buying and regulation. It compares their actions to those …
HC Kunreuther, EO Michel-Kerjan - 2011 - books.google.com
Innovative, long-term strategies for reducing vulnerability to large-scale natural disasters and for providing financial support for disaster victims. The United States and other nations …
We combine household-level data on the choice to purchase flood insurance with experiment-based risk preference data and subjective risk perception data. The sample …
J Nasiry, I Popescu - Management Science, 2012 - pubsonline.informs.org
We characterize the effect of anticipated regret on consumer decisions and on firm profits and policies in an advance selling context where buyers have uncertain valuations …
EO Michel‐Kerjan, C Kousky - Journal of Risk and Insurance, 2010 - Wiley Online Library
This article provides a detailed analysis of the operation of the National Flood Insurance Program (NFIP) in Florida, which accounts for 40 percent of the NFIP portfolio. We study the …
H Bleichrodt, PP Wakker - The Economic Journal, 2015 - academic.oup.com
Regret Theory: A Bold Alternative to the Alternatives | The Economic Journal | Oxford Academic Skip to Main Content Advertisement Oxford Academic Journals Books Search Menu …
Publisher Summary Psychological and neuroscience studies of risk-taking have identified wide range of factors some exogenous and some endogenous that influence risk-taking …
This paper introduces a method to measure regret theory, a popular theory of decision under uncertainty. Regret theory allows for violations of transitivity, and it may seem paradoxical to …