Effects of Information on Risk Perception: Empirical Evidence from the Housing Market in Taiwan

2019 ◽  
Author(s):  
Tzu-Chang Forrest Cheng ◽  
Tai-Chi Wang ◽  
Jian-Da Zhu
2016 ◽  
Vol 9 (2) ◽  
pp. 234-238 ◽  
Author(s):  
Pieter-Paul Verhaeghe ◽  
Koen Van der Bracht ◽  
Bart Van de Putte

Urban Studies ◽  
2020 ◽  
pp. 004209802094349
Author(s):  
Marco Modica ◽  
Roberto Zoboli ◽  
Fabrizio Meroni ◽  
Vera Pessina ◽  
Thea Squarcina ◽  
...  

This paper examines the housing market response to the earthquake that hit northern Italy in May 2012. The available literature shows that the average price of houses decreases after a disaster because of the potential underestimation of disaster risk by households, or because of a higher risk perception in reaction to the unforeseen emergency. The physical assessment of the earthquake damage scenario provided in this paper (the so-called macro-seismic approach), combined with a difference-in-difference model with a multi-valued treatment, is able to extrapolate indirect information on the subjective perception of risk. We provide evidence that differences in costs and risk perceptions of the earthquake arise at high levels of damage. Furthermore, we also provide evidence that building characteristics, as well as the state of maintenance of houses, play a relevant role for subjective risk assessment, even though this assessment may be not related to the effective capacity of the buildings to resist earthquakes.


1995 ◽  
Vol 11 (2) ◽  
pp. 139-157 ◽  
Author(s):  
Jin -Tan Liu ◽  
Chee -Ruey Hsieh

2021 ◽  
Vol 12 ◽  
Author(s):  
Sharaz Saleem ◽  
Faiq Mahmood ◽  
Muhammad Usman ◽  
Mohsin Bashir ◽  
Rizwan Shabbir

This paper aimed to provide empirical evidence on the behavior of the investor toward mutual funds by considering its relationship with risk perception (RP), return perception (Return P), investment criteria (IC), mutual fund awareness (MFA), and financial literacy (FL). Data were collected using a questionnaire from 500 mutual fund investors, from which 460 questionnaires were used for the analysis. In addition, the snowball sampling technique was used to collect data from different cities in Pakistan. The result showed that RP, Return P, and MFA are insignificant and negatively affect the behavior of mutual fund investors. Investment criteria have a negative and significant effect on the behavior of mutual fund investors. Financial literacy has a positive and insignificant effect on the behavior of mutual fund investors. The results provide better information and guidance to investors and policymakers on the factors that affect the behavior of mutual fund investors.


Author(s):  
Gabrielle Ribeiro Rodrigues da Silva ◽  
Adriana Roseli Wunsch Takahashi

Purpose: The objective is to understand how the manager's behavior and action in relation to risk influence and shape the internationalization processes.Methodology/Approach: A meta-synthesis study of qualitative case studies was carried out jointly involving the manager's influence and the action in relation to risk.Originality/Value: The literature recognizes that the different relationships established with risk can cause managers to overestimate or underestimate situations. However, there is little empirical evidence of how the manager's behavior in these situations changes his strategic choices and background, and a study emphasizing the individual level is significant.Findings: It can be said that the manager and his background influence the involvement and organizational development throughout the internationalization process. It is still possible to highlight that there is a predecessor to risk action, which is the perception of risks. In addition, it appears that the cognitive characteristics of these managers must also be considered when analyzing their perception of risks.Theoretical/Methodological contributions: As a contribution to the research, it is suggested that the manager's action in relation to risk is complemented by his/her perception of risk. It is believed that with this perspective of risk perception, research in the area can expand the theoretical scope of explanation, where this perception presents itself as a predecessor and a frame for future decisions and actions.


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