Depression, Risk Preferences and Risk-Taking Behavior

• Published in: IDEAS Working Paper Series from RePEc
• Main Authors: Cobb-Clark, Deborah A, Dahmann, Sarah C, Kettlewell, Nathan
• Format: Paper
• Language: English
• Published: St. Louis Federal Reserve Bank of St. Louis 01.01.2019
• Subjects: Behavior

Depression affects the way that people process information and make decisions, including those involving risk and uncertainty. Our objective is to analyze the way that depressive episodes shape risk preferences and risk-taking behaviors. We are the first to address this issue using large-scale, repr...