Role Taking Under Financial Risk Decision Making

Rahman Khoshakhlagh and Manping Wang
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Rahman Khoshakhlagh: Corresponding Author - Associate Professor, University of Isfahan
Manping Wang: Ph.D Student at the University of New Mexico, USA

Iranian Economic Review (IER), 2005, vol. 10, issue 2, 203-223

Abstract: This paper explores people’s behavior when they are facing financial risks. Through the setting of an economics experiment, people’s willingness to bear financial risks and their tendency to impose risks on others are investigated. The experiment result shows that most people are risk-neutral or risk-averse when making decision under financial environment, and their tendency to impose risks on others is directly related to their own willingness to bear risks.

Keywords: Financial Risk; Willingness to bear; Experimental Economics. (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:eut:journl:v:10:y:2005:i:2:p:203

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