Noussair, Charles; Breaban, A. - Tilburg University, Center for Economic Research - 2014
fundamental value trajectories. Before the market begins, risk aversion, loss aversion, and cognitive reflection protocols are … when it has an increasing, trend. Greater average risk aversion on the part of traders in the market predicts lower market … groups in risk aversion, loss aversion, and CRT score, explains an additional 44% and 18% of the cohort-level variation in …