Assessing Risk Aversion From the Investor’s Point of View

Throughout the financial literature, there is a great deal of debate about the nature of investors’ risk preferences. In an ever-changing world, the main schools of knowledge discuss the constant or dynamic basis of these preferences. Based on an exhaustive review of the subject of risk aversion, th...

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Main Authors: Antonio Díaz, Carlos Esparcia
Format: Article
Language:English
Published: Frontiers Media S.A. 2019-07-01
Series:Frontiers in Psychology
Subjects:
Online Access:https://www.frontiersin.org/article/10.3389/fpsyg.2019.01490/full
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spelling doaj-21cb04d0832348008a90c13351947dc72020-11-25T00:27:23ZengFrontiers Media S.A.Frontiers in Psychology1664-10782019-07-011010.3389/fpsyg.2019.01490469261Assessing Risk Aversion From the Investor’s Point of ViewAntonio DíazCarlos EsparciaThroughout the financial literature, there is a great deal of debate about the nature of investors’ risk preferences. In an ever-changing world, the main schools of knowledge discuss the constant or dynamic basis of these preferences. Based on an exhaustive review of the subject of risk aversion, this paper contributes to filling the gap that exists in the literature on the risk aversion parameter that best fits the investors’ behavior toward risk. The main determinants of risk attitude are examined and the different and most novel methodologies and perspectives are carefully analyzed.https://www.frontiersin.org/article/10.3389/fpsyg.2019.01490/fullrisk aversioneconomic cyclesmarket risk premiumpricing modelsbig data
collection DOAJ
language English
format Article
sources DOAJ
author Antonio Díaz
Carlos Esparcia
spellingShingle Antonio Díaz
Carlos Esparcia
Assessing Risk Aversion From the Investor’s Point of View
Frontiers in Psychology
risk aversion
economic cycles
market risk premium
pricing models
big data
author_facet Antonio Díaz
Carlos Esparcia
author_sort Antonio Díaz
title Assessing Risk Aversion From the Investor’s Point of View
title_short Assessing Risk Aversion From the Investor’s Point of View
title_full Assessing Risk Aversion From the Investor’s Point of View
title_fullStr Assessing Risk Aversion From the Investor’s Point of View
title_full_unstemmed Assessing Risk Aversion From the Investor’s Point of View
title_sort assessing risk aversion from the investor’s point of view
publisher Frontiers Media S.A.
series Frontiers in Psychology
issn 1664-1078
publishDate 2019-07-01
description Throughout the financial literature, there is a great deal of debate about the nature of investors’ risk preferences. In an ever-changing world, the main schools of knowledge discuss the constant or dynamic basis of these preferences. Based on an exhaustive review of the subject of risk aversion, this paper contributes to filling the gap that exists in the literature on the risk aversion parameter that best fits the investors’ behavior toward risk. The main determinants of risk attitude are examined and the different and most novel methodologies and perspectives are carefully analyzed.
topic risk aversion
economic cycles
market risk premium
pricing models
big data
url https://www.frontiersin.org/article/10.3389/fpsyg.2019.01490/full
work_keys_str_mv AT antoniodiaz assessingriskaversionfromtheinvestorspointofview
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