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The Asian disease problem has long been studied since first introduced by Tversky and Kahneman in 1981. This study explores the mechanics of the Asian disease problem to a scenario reflecting deaths attributed to climate change.
Ted C. Peterson, Kacey Tollefson
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Machine Learning Methods in Investor Risk Profiling [PDF]
Investment profiling is essential for investors as it differentiates between financial products that align with their risk tolerance and those that are excessively risky. Additionally, investment profiling serves as a tool to prevent misselling.
Sergey V. KUROCHKIN +3 more
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Health Insurance Participation: The Role of Cognitive Ability and Risk Aversion [PDF]
The decision to enroll in employer-offered health insurance or purchase insurance in the individual market requires consumers to consider numerous possibilities, most in an environment characterized by imperfect information.
Swarn CHATTERJEE, Robert B. NIELSEN
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Model for Conflict Resolution with Preference Represented as Interval Numbers
This paper takes the preference information of players to the outcomes in a form of interval numbers, and uses the possibility degree formula for the comparison between two interval numbers.
Yuan Haojie, Qu Yong
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Stock Market Participation Puzzle in Emerging Economies: the Case of Lithuania
We examine underlying factors that explain an exceptionally low stock market participation rate among Lithuanian households by carrying out a comprehensive survey of mass affluent individuals.
Žygimantas Mauricas +2 more
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A Clustering of Investors' Behavior according to Their Financial, Behavioral, and Demographic Characteristics (An Application of K-means Algorithm) [PDF]
Purpose: One of the issues that significantly impact how people invest is the behavioural characteristics of investors. Given the importance of this issue, investors should be able to categorize investors into different classes and recommend investments ...
Marziyeh Nourahmadi, Hojjatollah Sadeqi
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Research on the Impact of Venture Risk Tolerance on R&D Investments: Based on Entrepreneur Ability
How do start-ups enhance risk tolerance and core competition through product, technology, and service development? What is the relationship between the core competitiveness of start-ups and R&D investments?
Weng Yaqin and Han Wucheng
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BackgroundDrug addiction is thought to be characterized by risky and impulsive behavior despite harmful consequences. Whether these aspects of value-based decision-making in people with addiction are stable and trait-like, and the degree to which they ...
Emmanuel E. Alvarez +6 more
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A mathematical model for deriving the optimal trajectory of life insurance demand [PDF]
This study explores the optimal trajectory of life insurance demand, a crucial financial tool for managing mortality risk and ensuring economic security for family.
Ghadir Mahdavi
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This study aims to determine the effect of financial literacy, experienced regret, risk tolerance, and motivation on family investment decisions by taking samples of 105 Balinese residents. The investment decision investigated in this study is dealt with
Astri Kusuma Wardani, Lutfi Lutfi
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