Equity-Based Incentives, Risk Aversion, and Merger-Related Risk-Taking Behavior

2011 ◽  
Author(s):  
Bradley W. Benson ◽  
Jung Chul Park ◽  
Wallace N. Davidson
Keyword(s):  
Risk Aversion ◽  
Risk Taking ◽  
Related Risk ◽  
Risk Taking Behavior

Equity-Based Incentives, Risk Aversion, and Merger-Related Risk-Taking Behavior

2014 ◽  
Vol 49 (1) ◽  
pp. 117-148 ◽  
Author(s):  
Bradley W. Benson ◽  
Jung Chul Park ◽  
Wallace N. Davidson
Keyword(s):  
Risk Aversion ◽  
Risk Taking ◽  
Related Risk ◽  
Risk Taking Behavior

scholarly journals Market shocks and professionals' investment behavior – Evidence from the COVID-19 crash

2020 ◽  
Author(s):  
Christoph Huber ◽  
Juergen Huber ◽  
Michael Kirchler
Keyword(s):  
Stock Market ◽  
Risk Aversion ◽  
Risk Taking ◽  
Investment Behavior ◽  
Controlled Experiments ◽  
Price Expectations ◽  
Market Crashes ◽  
Changes In Risk ◽  
Risk Taking Behavior ◽  
Market Shocks

We investigate how the experience of stock market shocks, such as the COVID-19 crash, influences risk-taking behavior. To isolate changes in risk taking from other factors during stock market crashes, we ran controlled experiments with finance professionals in December 2019 and March 2020. We observe that their investments in the experiment were 12 percent lower in March 2020 than in December 2019, although their price expectations had not changed, and although they considered the experimental asset less risky during the crash than before. Thus, lower investments are driven by higher risk aversion, not by changes in beliefs.

P3-133: Altered risk-aversion and risk-taking behavior in Alzheimer's disease: A preliminary study

2010 ◽  
Vol 6 ◽  
pp. S489-S489
Author(s):  
Ju-Won Ha ◽  
Eun-Jin Kim ◽  
Yeo-Jin Kang ◽  
Se-Won Lim ◽  
Kang-Seob Oh
Keyword(s):  
Alzheimer’S Disease ◽  
Alzheimer's Disease ◽  
Risk Aversion ◽  
Risk Taking ◽  
Preliminary Study ◽  
Risk Taking Behavior

scholarly journals Moderated mediation of the link between parent-adolescent conflict and adolescent risk-taking: The role of physiological regulation and hostile behavior in an experimentally controlled investigation

2018 ◽  
Author(s):  
Sarah Thomas ◽  
Anjali Jain ◽  
Tristan Wilson ◽  
Danielle E. Deros ◽  
Irene Jacobs ◽  
...  
Keyword(s):  
Risk Taking ◽  
Self Regulation ◽  
Behavioral Arousal ◽  
Physiological Regulation ◽  
Regulatory Ability ◽  
Related Risk ◽  
Adolescent Risk ◽  
Adolescent Conflict ◽  
Risk Taking Behavior

Compared to childhood and adulthood, adolescence is a time of greater risk-taking behavior, potentially resulting in serious consequences. Theories of adolescent brain development highlight the imbalance between neural circuitry for reward vs. regulation. Although this imbalance may make adolescents more vulnerable to impaired decision-making in the context of heightened arousal, not all adolescents exhibit problematic risk behavior, suggesting other factors are involved. Relatedly, parent-adolescent conflict increases in mid-adolescence, and is linked to negative outcomes like substance use related risk-taking. However, the mechanism by which parent-adolescent conflict and risk-taking are linked is still unknown. Therefore, we investigated this association using a multi-method experimental design. Parent-adolescent dyads were randomly assigned to complete a discussion task together on the topic of either the adolescent’s dream vacation or an adolescent-identified conflict topic. During the task, adolescent peripheral psychophysiology was measured for later calculation of heart rate variability (HRV), an index of self-regulation. Immediately after the discussion task, adolescents completed a performance-based measure of risk-taking propensity that indexes real-world risk behaviors. We hypothesized that parent-adolescent conflict would predict greater adolescent risk-taking propensity, and that increased behavioral arousal in the context of conflict, coupled with impaired self-regulation, would explain this link. Results indicated no direct effect of parent-adolescent conflict on adolescent risk-taking propensity. However, there was a significant conditional indirect effect: lower HRV, indexing worse regulatory ability, mediated the relation between conflict and risk-taking propensity but only for adolescents exhibiting behavioral arousal during the discussion task. We discuss implications for understanding adolescent risk-taking behavior.

Risk-Taking Behavior with Limited Liability and Risk Aversion

1997 ◽  
Vol 64 (2) ◽  
pp. 347 ◽  
Author(s):  
Christian Gollier ◽  
Pierre-Francois Koehl ◽  
Jean-Charles Rochet
Keyword(s):  
Risk Aversion ◽  
Risk Taking ◽  
Limited Liability ◽  
Risk Taking Behavior

scholarly journals The effects of subject race and sex and experimenter race upon classroom-related risk-taking behavior

1972 ◽  
Vol 28 (6) ◽  
pp. 362-364 ◽  
Author(s):  
Larry Bradley ◽  
C. R. Snyder ◽  
Martin Katahn
Keyword(s):  
Risk Taking ◽  
Related Risk ◽  
Risk Taking Behavior

scholarly journals Altered Risk-Taking Behavior in Early-Stage Bipolar Disorder With a History of Psychosis

2021 ◽  
Vol 12 ◽  
Author(s):  
Sandra Chi Yiu Wong ◽  
Mary Chung Mun Ng ◽  
Joe Kwun Nam Chan ◽  
Martha Sin Ki Luk ◽  
Simon Sai Yu Lui ◽  
...  
Keyword(s):  
Bipolar Disorder ◽  
Risk Aversion ◽  
Risk Taking ◽  
Cognitive Functions ◽  
Early Stage ◽  
First Episode ◽  
Increased Risk ◽  
Significant Difference ◽  
History Of ◽  
Risk Taking Behavior

Altered risk-taking propensity is an important determinant of functional impairment in bipolar disorder. However, prior studies primarily assessed patients with chronic illness, and risk-taking has not been evaluated in the early illness course. This study investigated risk-taking behavior in 39 euthymic early-stage bipolar disorder patients aged 16–40 years who were treated within 3 years from their first-episode mania with psychotic features and 36 demographically-matched healthy controls using the Balloon Analog Risk Task (BART), a well-validated risk-taking performance-based paradigm requiring participants to make responses for cumulative gain at increasing risk of loss. Relationships of risk-taking indices with symptoms, self-reported impulsivity, cognitive functions, and treatment characteristics were also assessed. Our results showed that patients exhibited significantly lower adjusted scores (i.e., average balloon pumps in unexploded trials) (p = 0.001), lower explosion rate (p = 0.007) and lower cumulative scores (p = 0.003) than controls on BART, indicating their suboptimal risk-taking performance with increased propensity for risk aversion. Risk-taking indices were not correlated with any symptom dimensions, self-reported impulsivity, cognitive functions or antipsychotic dose. No significant difference was observed between patients with and without antipsychotic medications on self-reported impulsivity or any of the BART performance indices. This is the first study to examine risk-taking behavior in early-stage bipolar disorder with history of psychosis and indicates that patients displayed altered risk-taking with increased risk aversion compared with controls. Further research is needed to clarify longitudinal trajectory of risk-taking propensity and its relationships with psychosis and functional outcome in the early stage of bipolar disorder.

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