A better overlap between the exclusion set used by socially responsible investments (SRI) managers and individual preferences could lead to higher adoption of SRI, which is in turn expected to promote a more sustainable development. In the first study, we find an essential mismatch: both the US...

Extreme risk-taking by agents has been the subject of intense scrutiny since the 2007 financial crisis. Many have alleged that investing for a firm led to preferences for more risk-taking. To test this claim, we submitted a questionnaire to a sample of 715 business school students, testing for...

Stock-option compensation is coherent with the principle of agency theory, by encouraging risk averse executives to take a more risk neutral stance. However, it is unclear whether the contract is actually more powerful than personal characteristics in shaping decision-making. We compare...