We investigate whether individuals' risk preferences change after experiencing a natural
disaster, specifically, the 2011 Great East Japan Earthquake. Exploiting the panels of …

Emotions influence human decisions under risk and uncertainty, even when they are
unrelated to the decisions, ie incidental to them. Empirical findings are mixed regarding the …

This paper examines the effect of national culture on corporate risk-taking worldwide.
Specifically, we focus on one particular cultural trait–Individualism–a culture dimension …

Prospect theory has developed into a dominant and widely accepted model to describe risky
decision making. Across several research fields, findings regarding emotion's effect on risky …

While the effects of emotions on attitudes to investment risk are now well documented, the
influence of personality factors has been less researched. This paper examines the role of …

The economics literature on gender has expanded considerably in recent years, fueled in
part by new sources of data, including from experimental studies of gender differences in …

This paper is a meta‐analysis of experimental studies dealing with the impact of incidental
emotions (happiness, sadness, fear, and anger) on financial risk‐taking, so as to explain …

This paper provides evidence that daily fluctuations in the stock market have important–and
hitherto neglected–spillover effects on fatal car accidents. Using the universe of fatal car …

This paper uses the COVID-19 health crisis to study how individual preferences respond to
generalized traumatic events. We review previous literature on natural and man-made …

Purpose Emotions, understood as evolving mental states, are pivotal in shaping individuals
“'decision-making, especially in ambiguous information evaluation, probability estimation of …