Risk Attitude and Market Behavior: Evidence from Experimental Asset Markets

By G. Fellner, Boris Maciejovsky. 2007

275 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/043082b96dd6ebd2f33776ccc3a086ba2bdad669

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Citations in the corpus

A parameter-free analysis of the utility of money for the general population under prospect theory (2009, result): “Second, our results confirm the common finding that females are more risk averse than males (e.g. Cohen & Einav, 2007; Fellner & Maciejovsky, 2007; Hartog, Ferrer-i-Carbonell, & Jonker, 2002).”
The Effect of Managerial "Style" on the Tone of Earnings Conference Calls ∗ (2012, background): “…optimistic, less overconfident, and more risk averse than men (Maccoby and Jacklin, 1974, Halpern, 2000; Prince, 1993; Lundeberg, Fox, and Puncochar, 1994; Fellner and Maciejovsky, 2007).30 We therefore expect female managers to use less optimistic language in conference calls than male managers.”
Risk aversion vs. individualism: what drives risk taking in household finance? (2014, unknown): “This finding contradicts standard portfolio theory and adds to the increasing evidence that risk aversion has only very low explanatory power for individual decision-making (Fellner and Maciejovsky 2007; Guiso, Sapienza, and Zingales 2008).”
The Effect of Gender Diversity on Angel Group Investment (2011, background): “Similarly, Fellner and Maciejovsky (2007) show that individual risk attitudes are systematically related to investment behavior with greater risk aversion being negatively associated with market activity.”
Do Individual Auditors Affect Audit Quality? Evidence from Archival Data (2012, background): “Furthermore, the psychology literature suggests that females are generally more riskaverse and more conservative in finance-related matters than males (Fellner and Maciejovsky 2007).”
Emotional State and Market Behavior (2013, unknown): “Fellner and Macjekovsky (2007) find that risk aversion on the part of a group of traders is associated with lower trading volume. Lowenstein et al. (2001) argue that a direct link exists between risk attitude and emotional state, in the sense that emotional reactions to risky situations deviate from”
Do CFOs Have Style? An Empirical Investigation of the Effect of Individual CFOs on Accounting Practices* (2011, background): “Many studies in sociology and psychology provide evidence suggesting that women tend to be more risk averse than men when making decisions regarding investments, use of alcohol and drugs, or engaging in criminal activities (e.g., Eckel and Grossman, 2008; Fellner and Maciejovsky, 2007).”
Marriage and Other Risky Assets: A Portfolio Approach (2011, background): “Examples are Hinz et al. (1997), Schubert et al. (1999), Croson and Gneezy (2004), Dohmen et al. (2005), Fellner and Maciejovsky (2007), and Lusardi and Mitchell (2008).”
Gender and risk: women, risk taking and risk aversion (2010, background): “men (Badunenko et al., 2009; Hibbert et al., 2008; Beckman and Menkhoff, 2008; Eckel and Grossman, 2008; Charness and Gneezy, 2007; Harrtell, 2007; Fellner and Maciejovsky, 2007; He et al., 2007; Iqbal et al., 2006; Meier-Pesti and Goetze, 2006; Holt and Laury, 2002; Dohmen et al., 2005; Sunden and ”