It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is … known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by …

India. Academic research is conceptualised as a research production process where research inputs (like research time and …. Our results clearly identify several drivers of academic research and patenting in India, in terms of faculty background … India. In particular, we argue that putting in place institutional structures will not serve the purpose without addressing …

financial knowledge and are more risk-tolerant than non-owners. Distrust in banks or in conventional currencies is not found to … volatility or the risk of fraud and online theft dampen the demand for crypto-assets. …

What determines risk-bearing capacity and the amount of leverage in financial markets? Using unique archival data on … collateralized lending, we show that personal experience can affect individual risk-taking and aggregate leverage. When an investor … money. Nonetheless, only those at risk of losing money changed their behavior markedly - they lent with much higher haircuts …

of financial inclusion in the context of developing countries. The paper then outlines several recent studies for India … time and risk, the interaction of different dimensions of financial inclusion, the importance of details of policy design …

taking behavior of individuals based on survey of 844 individuals across five cities in India. Probit regression has been …

In general, models in finance assume that investors are risk averse. An example of such a recent model is the … and holds (as might be understood from the adjective 'economic') for exclusively risk averse investors. In their paper … risk aversion. The question never asked by the authors (and in most of the finance literature) is: Who is offering these …

It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is … known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by …

as seasonal affective disorder, or SAD), risk aversion, and stock market returns. The influence of SAD on market returns … allows the price of risk to vary over time. Using daily and monthly data for the United States, Sweden, New Zealand, the … United Kingdom, Japan, and Australia, the authors find that a conditional CAPM that allows the price of risk to vary in …