Risk-adjusted valuation in the worker's economic decision making
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DOI: 10.1016/j.frl.2021.102408
Abstract: Abstract We suggest a risk-adjusted valuation approach for workers at retirement risk to make decisions in an overlapping generations economy. The risk-averse workers use greater weights than expected, so-called risk-adjusted probability, on their retirement cash… read more here.
Keywords: risk; worker economic; adjusted valuation; risk adjusted ... See more keywords