We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process …-assessed risk tolerance measures are not suitable for predicting risk taking in any stage of the decision process. Among the …

) CAPM capital budgeting decision-making based on disequilibrium NPV is deductively inferred by the Capital Asset Pricing … Model, (ii) the use of the disequilibrium NPV is widespread in finance both as a decision rule and as a valuation tool, (iii …'s (2005) project valuation method, on the basis of which Magni's criticism to NPV is objected, leaves decision makers open to …

average accounting rate generates a decision rule which is logically equivalent to the NPV rule for both accept …

Chisini mean enables these tools to be used as rational decision criteria. Specifically, we focus on 11 metrics and show that … intuitive notion of mean is the founding basis of investment decision criteria …

Investor behavior was shown to be considerably different when the risk-return tradeoff is presented by experience …

We show that the optimal asset allocation for an investor depends crucially on the theory with which the investor is …