Robust, domain-specific effects of prior context in risk preferences for pension choice

Evidence that context changes measured risk preferences raises concerns about the practice of measuring financial risk attitude in one context to guide investment choice. We found that participants who first made choices between pairs of high (low) risk pension funds subsequently preferred higher (l...

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Bibliographic Details
Main Authors: Bird, S. (Author), Harris, A.J.L (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2018
Subjects:
Online Access:View Fulltext in Publisher