Robust, domain-specific effects of prior context in risk preferences for pension choice
Evidence that context changes measured risk preferences raises concerns about the practice of measuring financial risk attitude in one context to guide investment choice. We found that participants who first made choices between pairs of high (low) risk pension funds subsequently preferred higher (l...
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Format: | Article |
Language: | English |
Published: |
John Wiley and Sons Ltd
2018
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Subjects: | |
Online Access: | View Fulltext in Publisher |