Risk aversion is a fundamental trait shaping how individuals, firms and policymakers respond to uncertain outcomes. It encapsulates the preference for certain outcomes over gambles with equivalent ...
Human beings differ in how much risk they will accept. Thus, as an analyst I quoted in a recent column concluded, Russian President Vladimir Putin “was too risk-acceptant” in invading Ukraine and ...
When it comes to investing money, some people are willing to take on more risk than others. For example, investors who are older and closer to retirement may want to safeguard their money by moving ...
This often comes as a bit of a shock to senior leaders, but most employees do not love taking risks. For example, let’s look at the tens of thousands of people who’ve taken the online test How Do You ...