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Evolved attitudes to risk and the demand for equity
The equity premium puzzle refers to the observation that people invest far less in the stock market than is implied by measures of their risk aversion in other contexts. Here, we argue that light on this puzzle can be shed by the hypothesis that human risk attitudes were at least partly shaped by ou...
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| Publicado en: | Proc Natl Acad Sci U S A |
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| Autores principales: | , |
| Formato: | Artigo |
| Lenguaje: | Inglês |
| Publicado: |
National Academy of Sciences
2021
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| Materias: | |
| Acceso en línea: | https://ncbi.nlm.nih.gov/pmc/articles/PMC8256047/ https://ncbi.nlm.nih.gov/pubmed/34172572 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.2015569118 |
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