We study large-scale portfolio optimization problems in which the aim is to maximize a multi-
moment performance measure extending the Sharpe ratio. More specifically, we consider …

This paper studies the impact of emotions such as locus of control, overconfidence, risk
avoidance, agreeableness, and financial literacy on risk-taking behavior. Data was collected …

In this paper we try to:(i) study the personal features of the subjects that can influence the
risk attitude in financial and non-financial contexts,(ii) understand the correspondences …

We propose and analyze three procedures to elicit participants' behavior regarding their
higher-order risk attitudes. Our procedures relax the rigidity of having to choose among only …

In this paper I present the first experimental measurement of prudence with a subject pool
that is active in a high-risk occupation. Using a lab-in-the-field experiment I measure the …

We estimate higher order risk preferences of farmers from a water scarce region in West
Bengal, India. We then examine correlations across risk aversion, prudence and …

This study investigates the risk and return characteristics of impact investing in the public
equity market. We use a unique hand‐collected dataset of 50 US listed firms whose product …

El presente trabajo busca identificar el manejo que se le ha dado en la literatura académica
al término prudencia y sus sinónimos phronesis y sabiduría práctica. Se realizó una …