Long-Run Savings and Investment Strategy Optimization by Russell Gerrard, Montserrat Guillén, Jens Perch Nielsen, Ana M. Pérez-Marín

“…When risk aversion and maximum possible loss are considered jointly, an optimal savings strategy is obtained, which follows from constant rather than relative absolute risk aversion. …”
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The Effect of Regret-Based Risky Route Choice on the Traffic Equilibrium for Emergency Evacuation by Ze Wang, Haiqiang Yang, Linglin Ni

“…These findings are helpful for understanding how the regret aversion and risk aversion influence traffic equilibrium.…”
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A First-Price Sealed-Bid Asymmetric Auction When Two Bidders Have Respective CRRA and General Utility Functions by Mingming Gong, Shulin Liu

“…We study a first-price auction with two bidders where one bidder is characterized by a constant relative risk aversion utility function (i.e., a concave power function) while the other has a general concave utility function. …”
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Optimal Asset Allocation for CRRA and CARA Insurers under the Vasicek Interest Rate Model by Hanlei Hu, Shaoyong Lai, Hongjing Chen

“…This paper considers the reinsurance-investment problem with interest rate risks under constant relative risk aversion and constant absolute risk aversion preferences, respectively. …”
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Investors’ Risk Preference Characteristics Based on Different Reference Point by Fenghua Wen, Zhifang He, Xu Gong, Aiming Liu

“…The empirical evidence shows that investors’ risk preference is time varying and is influenced by previous outcomes; the stock market as a whole exhibits house money effect; that is, prior gains can decrease investors’ risk aversion while prior losses increase their risk aversion. …”
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THE IMPACT OF PERSONAL GROWTH AND HOLISTIC THINKING ON PRICE-PERCEIVED QUALITY HEURISTIC by Hüseyin Erbil Özyörük, Bahtışen Kavak

“…Moreover, the study also examines the mediating roles of prestige sensitivity and risk aversion in these relationships. Data were collected using convenience sampling from 755 participants with diverse occupations across various cities and districts in Türkiye. …”
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Optimal Portfolio Selection of Mean-Variance Utility with Stochastic Interest Rate by Shuang Li, Shican Liu, Yanli Zhou, Yonghong Wu, Xiangyu Ge

“…Finally, the numerical examples provided are used to analyze how stochastic (short-term) interest rates and risk aversion affect the optimal control strategies to illustrate the validity of our results.…”
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The role of risk attitudes in shaping digital privacy preferences: evidence from a large-scale survey by Jing Chen, Manling Zhang, Mengyao Guo, Ze Gao

“…The study reveals that individuals with higher risk aversion exhibit more significant privacy concerns, especially regarding financial information. …”
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Optimal Investment-Consumption Strategy under Inflation in a Markovian Regime-Switching Market by Huiling Wu

“…Finally, we analyze in detail by mathematical and numerical analysis how the risk aversion, the correlation coefficient between the inflation and the stock price, the inflation parameters, and the coefficient of utility affect the optimal investment and consumption strategy.…”
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Fundamentalist Signals in Volatility Scenarios: Evidence in the Brazilian Stock Market by Edson Bastos, Patricia Bortolon, Vinicius Maia

“…In times of high volatility, investors could make their decisions based on risk aversion and not only on the fundamentals signals of companies. …”
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Numerical Solutions to Optimal Portfolio Selection and Consumption Strategies under Stochastic Volatility by Lei Ge, Qiang Zhang

“…Based on the method of dynamic programming, this paper uses analysis methods governed by the nonlinear and inhomogeneous partial differential equation to study modern portfolio management problems with stochastic volatility, incomplete markets, limited investment scope, and constant relative risk aversion (CRRA). In this paper, a three-level Crank–Nicolson finite difference scheme is used to determine numerical solutions under this general setting. …”
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Optimal tactics in community pension model for defined benefit pension plans. by Jun Wang, Chunli Cui, Tian Tian

“…Through numerical simulations, we analyze the impact of varying risk aversion levels across different parameter values on equilibrium ratios, thereby offering insights into managerial risk tolerance.…”
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Investment Policies to Extend the Life of Expressways in Japan by Hideo Noda, Yuichi Osano

“…In addition, if relative risk aversion is high, efficiency is low and intergenerational equity is high. …”
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Portfolio Selection with Liability and Affine Interest Rate in the HARA Utility Framework by Hao Chang, Kai Chang, Ji-mei Lu

“…The investors wish to look for an optimal investment strategy to maximize the expected utility of the terminal surplus under hyperbolic absolute risk aversion (HARA) utility function, which consists of power utility, exponential utility, and logarithm utility as special cases. …”
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An opportunity lost? The declining role of authorised covert human intelligence sources in combating organised crime by Ian Stanier, Jordan Nunan

“…Two stand out as significant; i) the impact of resource reduction on CHIS operational capacity and capability, and ii) an emergence of a culture of fear and risk aversion as a constraining factor on CHIS recruitment and use.…”
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Effects of the Covid-19 and natural agricultural shocks on preferences of farmers by Hamza Umer, Takashi Kurosaki

“…We find that the Covid-19 shock reduced impatience and generosity while the natural shock increased risk-aversion. Our findings suggest that despite having a similar impact on farmers’ agricultural income, the two shocks influence a different set of preferences, and hence, we need to measure them both to identify their precise impact on preferences. …”
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A Multiperiod Equilibrium Pricing Model by Minsuk Kwak, Traian A. Pirvu, Huayue Zhang

“…The risk preferences are of exponential type with a stochastic coefficient of risk aversion. Both subgame perfect strategy and naive strategy are considered and the corresponding equilibrium prices are derived. …”
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Out-of-Sample Predictability of the Equity Risk Premium by Daniel de Almeida, Ana-Maria Fuertes, Luiz Koodi Hotta

“…The results are robust to sub-period analyses and different investors’ risk aversion levels.…”
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A Comparative Analysis of the Value of Information in a Continuous Time Market Model with Partial Information: The Cases of Log-Utility and CRRA by Zhaojun Yang, Christian-Oliver Ewald, Wen-Kai Wang

“…For the case of constant relative risk aversion (CRRA) we derive a semianalytical formula, which uses as an input the numerical solution of a system of ODEs. …”
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Risk Preferences of EV Fleet Aggregators in Day-Ahead Market Bidding: Mean-CVaR Linear Programming Model by Izabela Zoltowska

“…It integrates an aspiration/reservation-based formulation of the mean profit-risk criteria, specifically Conditional Value at Risk (CVaR) to address the EVA’s risk aversion. By incorporating interactive analysis, the framework ensures adaptive and robust charging schedules and bids tailored to the aggregator’s risk preferences. …”
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