How Do Investors Judge the Risk of Financial Items?

This paper proposes and tests a risk model that explains how investors perceive financial risks. The model combines conventional decision-theory variables-probabilities and outcomes-with behavioral variables from psychology research by Slovic (1987), such as the extent to which a risky item is new,...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:The Accounting Review. - American Accounting Association. - 80(2005), 1, Seite 221-241
1. Verfasser: Koonce, Lisa (VerfasserIn)
Weitere Verfasser: McAnally, Mary Lea
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2005
Zugriff auf das übergeordnete Werk:The Accounting Review
Schlagworte:Risk Perception Risk Disclosure Decision Theory Psychology Economics Behavioral sciences Philosophy Mathematics Business Information science