outcomes. Our evidence is based on an experiment in which subjects repeatedly invest in two identical, uncorrelated, risky …

language may influence risk perception and investment behavior, no study has explored the causal effects of linguistic … uncertainty on financial decision-makers. We address this research gap by presenting a controlled laboratory experiment exposing … investors to earnings call excerpts with randomized levels of uncertainty. The subjects were engaged in an investment game and …

. For this we use an experimental setting with repeated investment decisions over multiple trading days, and we also test a …

paper, we deploy an artefactual field experiment and study whether subjects - non-professionals and - financial …