Valuing bets and hedges: Implications for the construct of risk preference

S Frederick, A Levis, S Malliaris… - Judgment and Decision …, 2018 - cambridge.org
Risk attitudes implied by valuations of risk-increasing assets depart markedly from those
implied by valuations of risk-reducing assets. For instance, many are unwilling to pay the …

Valuing bets and hedges: Implications for the construct of risk preference

F Shane, A Levis, S Malliaris… - Judgment and Decision …, 2018 - search.proquest.com
Risk attitudes implied by valuations of risk-increasing assets depart markedly from those
implied by valuations of risk-reducing assets. For instance, many are unwilling to pay the …