Evidence for Countercyclical Risk Aversion: An Experiment with Financial Professionals - Cohn, Alain; Engelmann, Jan; Fehr, Ernst; Maréchal, Michel André (The American economic review, 2015)
Keywords: Ambiguity; Assets; Countercyclicality; Economic busts; Economics; Electrical injuries; Endowment; Fear; Financial investments; Financial services; Habits; Investment policy; Investment risk; Investments; Investors; Literacy; Prices; Pricing; Risk aversion; Risk management; Risk taking; Securities markets; Studies; Volatility