Don’t fear risk, learn about it: how familiarity reduces perceived risk
Tal Shavit (),
Eyal Lahav and
Mosi Rosenboim
Applied Economics Letters, 2016, vol. 23, issue 15, 1069-1072
Abstract:
This article suggests that learning about basic concepts concerning the risk and return of assets will reduce perceived risk. We show experimentally that people who learn about these basic concepts are willing to allocate more money to risky assets and consider the asset’s return relative to its risk.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:23:y:2016:i:15:p:1069-1072
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DOI: 10.1080/13504851.2015.1133892
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