How Do Prior Gains and Losses Affect Subsequent Risk Taking? New Evidence from Individual-Level Horse Race Bets.

Niko Suhonen Jani Saastamoinen

Published in: Manag. Sci. (2018)

Keyphrases

individual level
group level
empirical evidence
prior knowledge
risk management
cash flow
macro level
image quality
financial institutions
decision making
high risk
risk measures
prior information
belief functions
risk assessment
risk factors
affective states
intrusion detection
risk averse
switching costs