Tag: risk aversion

The Management Of Political Risk
Business

The Management Of Political Risk

The Management Of Political Risk Erasmo Giambona University of Amsterdam – Finance Group; Tinbergen Institute – Tinbergen Institute Amsterdam (TIA) John R. Graham Duke University; National Bureau of Economic Research (NBER) Campbell R. Harvey Duke University – Fuqua School of […]

The Psychology Of Decision Making
Value Investing

The Psychology Of Decision Making

The Psychology Of Decision Making by Amos Tversky, CFA Institute Abstract Three areas of “cognitive illusion” that violate basic assumptions of the classical economic model of decision making are risk attitudes, mental accounting, and overconfidence. Their existence indicates that the […]