Articles - Thomas Brand

Behavioral Finance, Investing Psychology & Neurofinance (General)

Baechler, G. & Germain, L. (2018). “A literature review on neurofinance“. Finance 38(2): 9-41
Baker, H. Kent & Ricciardi, V. (eds.) (2014). Investor Behavior: The Psychology of Financial Planning and Investing. Hoboken, NJ: John Wiley & Sons
Hirshleifer, D. (2015). “Behavioral Finance“. Annual Review of Financial Economics 7: 133-159
Kent Baker, H., Filbeck, G. & Ricciardi, V. (eds.) (2017). Financial Behavior: Players, Services, Products, and Markets. New York, NY: Oxford University Press
Miendlarzewska, E. A., Kometer, M. & Preuschoff, K. (2017). “Neurofinance“. Organizational Research Methods 22(1): 196-222
Nofsinger, J. R. (2018). The Psychology of Investing (6th ed.). New York, NY: Routledge
Wärneryd, K. E. (1999). The Psychology of Saving: A Study on Economic Psychology. Cheltenham, UK: Edward Elgar

Behavioral Finance & Neuroeconomics (Risk Tolerance, Risk-Taking & Risk-Aversion)

Adhikari, B. & O’Leary, V. E. (2013). “Gender Differences in Risk Aversion: A Developing Nation’s Case”. Journal of Personal Finance 10(2): 122-147 [Draft]
Agnew, J. R. (2005). “Do Behavioral Biases Vary across Individuals? Evidence from Individual Level 401(k) Data“. Journal of Financial and Quantitative Finance 41(4): 939–962 [Draft]
Alan, S., Baydar, N., Boneva, T., Crossley, T. F. & Ertac, S. (2017). “Transmission of risk preferences from mothers to daughters“. Journal of Economic Behavior & Organization 134: 60-77
Apicella, C. L., Dreber, A. & Mollerstrom, J. (2014). “Salivary testosterone change following monetary wins and losses predicts future financial risk-taking“. Psychoneuroendocrinology 39: 58-64
Apicella, C. L., Dreber, A., Campbell, B., Gray, P. B., Hofman, M. & Little, A. C. (2008). “Testosterone and financial risk preferences“. Evolution and Human Behavior 29(6): 384-390
Arano, K., Parker, C. & Terry, R. (2010). “Gender-Based Risk Aversion and Retirement Asset Allocation“. Economic Inquiry 48(1), 147-155
Atkinson, S. M., Baird, S. B. & Frye M. B. (2003). “Do Female Mutual Fund Managers Manage Differently?”. The Journal of Financial Research 26(1): 1-18
Bajtelsmit, V. L. & Bernasek, A. (1996). “Why Do Women Invest Differently Than Men?“. Financial Counseling and Planning 7: 1-10
Bajtelsmit, V. L., Bernasek, A. & Jianakoplos, N. A. (1999). “Gender differences in defined contribution pension decisions“. Financial Services Review 8: 1-10
Bannier, C. E. & Neubert, M. (2016). “Gender differences in financial risk taking: The role of financial literacy and risk tolerance“. Economics Letters 145: 130-135
Barber, B. M. & ODean, T. (2000). “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors“. The Journal of Finance 55(2): 773-806 [Published version]
Barber, B. M. & Odean, T. (2001). “Boys Will be Boys: Gender, Overconfidence, and Common Stock Investment“. The Quarterly Journal of Economics 116(1): 261-292 [Published version]
Barnea, A., Cronqvist, H. & Siegel, S. (2010). “Nature or nurture: What determines investor behavior?“. Journal of Financial Economics 98(3): 583-604 [Draft]
Beckmann, D. & Menkhoff, L. (2008). “Will Women Be Women? Analyzing the Gender Difference among Financial Experts“. Kyklos 61(3): 364-384 [Draft]
Beckmann, D., Lütje, T. & Rebeggiani, L. (2007). “Italian Asset Managers’ Behavior: Evidence on Overconfidence, Risk Taking and Gender“. Discussion Paper No. 358
Beckmann, D., Menkhoff, L. & Suto, M. (2008). “Does culture influence asset managers’ views and behavior?“. Journal of Economic Behavior & Organization 67(3-4): 624-643 [Draft]
Bernasek, A. & Shwiff, S. (2001). “Gender, Risk, and Retirement“. Journal of Economic Issues 35(2): 345-356
Bigoni, M., Fort, M., Nardotto, M. & Reggiani Tommaso, G. (2015). “Cooperation or Competition? A Field Experiment on Non-monetary Learning Incentives“. The B.E. Journal of Economic Analysis & Policy 15(4): 1753-1792
Booth, A. & Nolen, P. (2012). “Salience, Risky Choices and Gender“. Economics Letters 117(2): 517-520 [Draft]
Booth, A. L. & Nolen, P. (2012). “Gender differences in risk behaviour: does nurture matter?“. The Economic Journal 122(558): F56-F78 [Draft]
Booth, A., Cardona-S., L. & Nolen, P. (2014). “Gender differences in risk aversion: Do single-sex environments affect their development?“. Journal of Economic Behavior & Organization 99: 126-154
Bernasek, A. & Shwiff, S. (2001). “Gender, Risk, and Retirement”. Journal of Economic Issues 35(2): 345-356
Bosquet, K., de Goeij, P. & Smedts, K. (2014). “Gender heterogeneity in the sell-side analyst recommendation issuing process“. Finance Research Letters 11(2): 104-111
Byrnes, J. P., Miller, D. C. & Schafer, W. D. (1999). “Gender differences in risk taking: A meta-analysis“. Psychological Bulletin 125(3): 367-383
Carr, P. B. & Steele, C. M. (2010). “Stereotype Threat Affects Financial Decision Making“. Psychological Science 21(10): 1411-1416
Casanovas, M. & Merigó, J. M. (2012). “Risk in financial decisions and gender differences”. African Journal of Business Management 6(34): 9681-9694
Charness, G. & Gneezy, U. (2010). “Portfolio Choice and Risk Attitudes: An Experiment”. Economic Inquiry 48(1): 133-146 [Published version]
Charness, G. & Gneezy, U. (2012). “Strong Evidence for Gender Differences in Risk Taking“. Journal of Economic Behavior & Organization 83(1): 50-58 [Draft]
Chaulk, B., Johnson, P. J. & Bulcrof, R. (2003). “Effects of Marriage and Children on Financial Risk Tolerance: A Synthesis of Family Development and Prospect Theory“. Journal of Family and Economic Issues 24(3): 257-279
Chicaiza-Becerra, A. & Garcia-Molina, M. (2017). “Prenatal testosterone predicts financial risk taking: Evidence from Latin America“. Personality and Individual Differences 116: 32-37
Choudhary, S. (2017). “Equity Investment Decisions: Determinants for Retail Investors“. Jindal Journal of Business Research 5(2): 131-144
Cronqvist, H. & Siegel, S. (2014). “The genetics of investment biases“. Journal of Financial Economics 113(2): 215-234 [Author’s Personal Copy; Morningstar (FI)]
Cronqvist, H., Previtero, A., Siegel, S. & White, R. E. (2015). “The Fetal Origins Hypothesis in Finance: Prenatal Environment, the Gender Gap, and Investor Behavior“. The Review of Financial Studies 29(3): 739-786 [Draft]
Croson, R. & Gneezy, U. (2009). “Gender Differences in Preferences“. Journal of Economic Literature 47(2): 1-27 [Draft]
Dahlbom, L., Jakobsson, A., Jakobsson, N. & Kotsadam, A. (2010). “Gender and overconfidence: are girls really overconfident?“. Applied Economics Letters 18(4): 325-327 [Draft]
Davar, Y. P. & Suveera, G. (2007). “Investment Decision Making: An Empirical Study of Perceptual View of Investors“. Metamorphosis : A Journal of Management Research 6(2): 115-135
Dawson, C. & Henley, A. (2015). “Gender, Risk, and Venture Creation Intentions“. Journal of Small Business Management 53(2): 501-515
Deaves, R., Lüders, E. & Luo, G. Y. (2008). “An Experimental Test of the Impact of Overconfidence and Gender on Trading Activity“. Review of Finance 13(3): 555-575 [Draft, Presentation]
De Paola, M., Gioia, F. & Scoppa, V. (2013). “Are Females Scared of Competing with Males? Results from a Field Experiment“. IZA Discussion Paper No. 7799
De Paola, M., Ponzo, M. & Scoppa, V. (2015). “Gender Differences in Attitudes Towards Competition: Evidence from the Italian Scientific Qualification“. CSEF Working Paper No. 391
Deb, M. & Chavali, K. (2009). “A Study of Gender Differences in Investment Behaviour“. Asia-Pacific Journal of Management Research and Innovation 5(3): 45-55
Dickason, Z. & Ferreira, S. (2018). “Establishing a link between risk tolerance, investor personality and behavioural finance in South Africa“. Cogent Economics & Finance 6(1): 1-13
Døskeland, T. M. & Hvide, H. K. (2011). “Do Individual Investors Have Asymmetric Information Based on Work Experience?” The Journal of Finance 66(3): 1011-1041 [Draft]
Dreber, A. & Hoffman, M. (2012). “Biological Basis of Sex Differences in Risk Aversion and Competitiveness“. Article [Hoffman’s presentation]
Dreber, A., Rand, D. G., Garcia, J. R., Wernerfelt, N., Koji Lum, J. & Zeckerhauser, R. (2010) “Dopamine and Risk Preferences in Different Domains“. HKS Faculty Research Working Paper Series RWP10-012, April 2010.
Dwyer, P. D., Gilkeson, J. H. & List, J. A. (2002). “Gender Differences in Revealed Risk Taking: Evidence From Mutual Fund Investors“. Economics Letters 76(2): 151-158
Eckel, C. C. & Grossman, P. J. (2002). “Sex differences and statistical stereotyping in attitudes toward financial risk“. Evolution and Human Behavior 23(4): 281-295
Eckel, C. C. & Grossman, P. J. (2008). “Men, Women and Risk Aversion: Experimental Evidence“. In C. R. Plott & V. L. Smith (eds.) Handbook of Experimental Economics Results (pp. 1061-1073). New York, NY: Elsevier [Draft]
Embrey, L. L. & Fox, J. J. (1997). “Gender Differences In The Investment Decision-Making Process“. Financial Counseling and Planning 8(2): 33-40
Ert, E. & Haruvy, E. (2017). “Revisiting risk aversion: Can risk preferences change with experience?“. Economics Letters 151: 91-95
Estes, R. & Hosseini, J. (1988). “The Gender Gap on Wall Street: An Empirical Analysis of Confidence in Investment Decision Making“. The Journal of Psychology 122(6): 577-590
Faff, R., Mulino, D. & Chai, D. (2008). “On the Linkage Between Financial Risk tolerance and Risk Aversion“. Journal of Financial Research 31(1): 1-23 [Draft]
Fang, L. H. & Huang, S. (2017). “Gender and Connections among Wall Street Analysts“. The Review of Financial Studies 30(9): 3305-3335 [Draft]
Fehr-Duda, H., de Gennaro, M. & Schubert, R. (2006). “Gender, Financial Risk, and Probability Weights“. Theory and Decision 60(2-3): 283-313
Felton, J., Gibson, B. & Sanbonmatsu, D. M. (2003). “Preference for Risk in Investing as a Function of Trait Optimism and Gender“. Journal of Behavioral Finance 4(1): 33-40 [Draft]
Fisher, P. J. (2010). “Gender Differences in Personal Saving Behaviors“. Journal of Financial Counseling and Planning 21(1): 14-24
Fisher, P. J. & Yao, R. (2017). “Gender differences in financial risk tolerance“. Journal of Economic Psychology 61: 191-202
Furnham, A., von Stumm, S. & Fenton-O’Creevy, M. (2015). “Sex Differences in Money Pathology in the General Population“. Social Indicators Research 123(3): 701-711
Fyrdman, C. & Camerer, C. F. (2016). “The Psychology and Neuroscience of Financial Decision Making“. Trends in Cognitive Sciences 20(9): 661-675
Gandolfi, A. S. & Miners, L. (1996). “Gender-Based Differences in Life Insurance Ownership“. Journal of Risk and Insurance 63(4): 683-693
Glaser, M. & Weber, M. (2007). “Overconfidence and trading volume“. The Geneva Risk and Insurance Review 32(1): 1-36
Grable, J. E. (2000). “Financial Risk Tolerance and Additional Factors That Affect Risk Taking in Everyday Money Matters“. Journal of Business and Psychology 14(4): 625-630
Graham, J. R., Harvey, C. R. & Huang, H. (2009). “Investor Competence, Trading Frequency, and Home Bias“. Management Science 55(7): 1094-1106 [Draft]
Graham, J. F., Stendardi, E. J., Myers, J. K. & Graham, M. J. (2002). “Gender differences in investment strategies: an information processing perspective”. International Journal of Bank Marketing 20(1): 17-26
Grinblatt, M. and Keloharju, M. (2000). “The Investment Behavior and Performance of Various Investor Types: A Study of Finland’s Unique Data Set“. Journal of Financial Economics 55(1): 43-67.
Grinblatt, M. & Keloharju, M. (2009). “Sensation Seeking, Overconfidence, and Trading Activity“. The Journal of Finance 64(2): 549-578 [Draft]
Grinblatt, M., Keloharju, M. & Linnainmaa, J. T. (2012). “IQ, trading behavior, and performance“. Journal of Financial Economics 104(2): 339-362 [Draft; Arvopaperi (FI), New York Times (EN)]
Gupta, N. D., Poulsen, A., Villeval, M. C. (2006). “Male and Female Competitive Behavior – Experimental Evidence“. GATE Working Paper, No. W.P.05-12
Harris, C. R., Jenkins, M. & Glaser, D. (2006). “Gender Differences in Risk Assessment: Why do Women Take Fewer Risks than Men?” Judgment and Decision Making 1(1): 48-63
He, X., Inman J. J. & Mittal, V. (2007). “Gender Jeopardy in Financial Risk Taking“. Journal of Marketing Research 45(4): 414-424.
Hibbert, A. M. Lawrence, E. R. & Prakash, A. J (2013). “Does knowledge of finance mitigate the gender difference in financial risk-aversion?“. Global Finance Journal 24(2): 140-152
Hinz, R. P., McCarthy, D. D. & Turner, J. A. (1997). “Are Women Conservative Investors? Gender Differences in Participant-Directed Pension Investments“. In M. S. Gordon, O. S. Mitchell & M. M. Twinney (eds.). Positioning Pensions for the Twenty-first Century (pp. 91-103). Philadelphia, PA: The Pension Research Council of the Wharton School of the University of Pennsylvania
Hira, T. & Loibl, C. (2006). “Gender Differences in Investment Behavior“. Milestone 3 Report, 31.8.2006
Hira, T. K. & Mugenda, O. (2000). “Gender Differences in Financial Perceptions, Behaviors and Satisfaction“. Journal of Financial Planning 13(2), 86-92
Hoffman, M. (2010). “Biological Basis of Sex Differences in Risk and Competitive Preferences and Other Essays“. Ph.D. Dissertation (University of Chicago)
Itzhak, V. (2017). Behavioral Finance: Where Do Investors’ Biases Come From?. Singapore: World Scientific Publishing
Jianakoplos, N. A. & Bernasek, A. (2007). “Are Women More Risk Averse?“. Economic Inquiry 36(4): 620-630.
Johansson-Stenman, O. & Nordblom, K. (2010). “Are Men Really More Overconfident than Women? – A Natural Field Experiment on Exam Behavior“. Working Paper [Unpublished Manuscript]
Kiss, H. J., Rodriguez-Lara, I. & Rosa-Garcia, A. (2014). “Do women panic more than men? An experimental study of ﬁnancial decisions“. Journal of Behavioral and Experimental Economics 52: 40-51 [Draft]
Kumar Sarkar, A. & Nath Sahu, T. (2018). Investment Behaviour: Towards an Individual-Centred Financial Policy in Developing Economies. Bingley, UK: Emerald
Lan, Q., Xiong, Q., He, L. & Ma, C. (2018). “Individual investment decision behaviors based on demographic characteristics: Case from China“. PLoS One 13(8): e0201916
Levin, I. P., Snyder, M. A. & Chapman, D. P. (1988). “The Interaction of Experiential and Situational Factors and Gender in a Simulated Risky Decision-Making Task“. The Journal of Psychology: Interdisciplinary and Applied 122(2): 173-181.
Lewellen, W. G., Lease, R. C. & Schlarbaum, G. G. (1977). “Patterns of Investment Strategy and Behavior Among Individual Investors“. The Journal of Business 50(3): 296-333
Li, X., Sullivan, R. N., Xu, D. & Gao, G. (2013). “Sell-Side Analysts and Gender: A Comparison of Performance, Behavior, and Career Outcomes“. Financial Analysts Journal 69(2): 83-94 [Published version]
Liersch, M. (2015). “Women and Investing: A Behavioral Finance Perspective“. Merrill Lynch Wealth Management Institute, Fall 2015
Loibl, C. & Hira, T. K. “A workplace and gender-related perspective on financial planning information sources and knowledge outcomes“. Financial Services Review 15: 21-42 [Published version]
Lupton, J. & Smith, J. P. (2003). “Marriage, assets, and savings”. In S. Grossbard Shechtman (ed.). Marriage and the Economy: Theory and Evidence from Industrialized Societies (pp. 129-152). Cambridge, England: Cambridge University Press [Draft]
Lönnqvvist, J.-E., Verkasalo, M., Walkowitz, G. & Wichardt, P. C. (2015). “Measuring individual risk attitudes in the lab: Task or ask? An empirical comparison“. Journal of Economic Behavior & Organization 119: 254-266
Mak, M. K. Y. & Ip, W. H. (2017). “An exploratory study of investment behaviour of investors“. International Journal of Engineering Business Management 9: 1-12
Malmendier, U. & Shanthikumar, D. (2014). “Do Security Analysts Speak in Two Tongues?“. The Review of Financial Studies 27(5): 1287-1322 [Draft]
Marlow, S. & Swail, J. (2013). “Gender, risk and finance: why can’t a woman be more like a man?“. Entrepreneurship & Regional Development 26(1-2): 80-96
Martenson, R. (2008). “Are men better investors than women? Gender differences in mutual fund and pension investments“. Journal of Financial Services Marketing 13(1): 72-81
Maxfield, S., Shapiro, M., Gupta, V. & Hass, S. (2010). “Gender and risk: women, risk taking and risk aversion“. Gender in Management: An International Journal 25(7): 586-604
Meier, K., Kirchler, E. & Hubert, A.-C. (1999). “Savings and investment decisions within private households: Spouses’ dominance in decisions on various forms of investment”. Journal of Economic Psychology“. Journal of Economic Psychology 20: 499-519 [Published version]
Meier-Pesti, K. & Goetze, E. “Masculinity and Femininity As Predictors of Financial Risk-Taking: Evidence From a Priming Study on Gender Salience“. In K. E. Ekstrom & H. Brembeck (eds.). European Advances in Consumer Research, Vol 7 (pp. 45-46). Goteborg, Sweden: Association for Consumer Research
Meier-Pesti, K. & Penz, E. (2008). “Sex or gender? Expanding the sex-based view by introducing masculinity and femininity as predictors of financial risk taking”. Journal of Economic Psychology 29(2): 180-196
Montford, W. & Goldsmith, R. E. (2015). “How gender and financial self‐efficacy influence investment risk taking“. International Journal of Consumer Studies 40(1): 101-106
Morse, W. C. (1998). “Risk Taking in Personal Investments“. Journal of Business and Psychology 13(2): 281-288
Neelakantan, U. (2010). “Estimation And Impact Of Gender Differences In Risk Tolerance“. Economic Inquiry 48(1): 228-233 [Draft]
Nelson, J. A. (2015) “Are Women Really More Risk‐Averse than Men? A Re‐Analysis of the Literature Using Expanded Methods“. Journal of Economic Surveys 29(3): 566-585
Nelson, J. A. (2017). Gender and Risk-Taking: Economics, Evidence, and Why the Answer Matters). New York, NY: Routledge
Niessen-Ruenzi, A. & Ruenzi, S. (2018). “Sex Matters: Gender Bias in the Mutual Fund Industry“. Management Science (Ahead of Print) [Draft]
Olsen, R. A. & Cox, C. M. (2010). “The Influence of Gender on the Perception and Response to Investment Risk: The Case of Professional Investors“. Journal of Psychology and Financial Markets 2(1): 29-36
Powell, M. & Ansic, D. (1997). “Gender differences in risk behavior in financial decision-making: An experimental analysis“. Journal of Economic Psychology 18(6): 605-628
Prast, H., Rossi, M., Torricelli, C. & SAnsone, D. (2015). “Do Women Prefer Pink? The Effect of a Gender Stereotypical Stock Portfolio on Investing Decisions“. Politica Economica 3/2015: 377-420
Prince, M. (1993). “Women, men and money styles“. Journal of Economic Psychology 14(1): 175-182
Rau, H. A. (2014). “The disposition effect and loss aversion: Do gender differences matter?“. Economics Letters 123(1): 33-36 [Draft]
Sapienza, P., Zingales, L. & Maestripieri, D. (2009). “Gender differences in financial risk aversion and career choices are affected by testosterone“. PNAS 106(36): 15268-15273 [Draft]
Sargis, M. & Wing, K. (2018). “Female Fund Manager Performance: What Does Gender Have to Do With It?“. Morningstar (Big Picture), 8.3.2018
Schubert, R. (2006) “Analyzing and managing risks – on the importance of gender differences in risk attitudes“. Managerial Finance 32(9): 706-715
Schubert, R., Brown, M., Gysler, M. & Brachinger, H. W. (1999). “Financial Decision-Making: Are Women Really More Risk-Averse?“. American Economic Association 89(2): 381- 385
Shikishima, C., Hiraishi, K., Yamagara, S., Ando, J. & Okada, M. (2015). “Genetic Factors of Individual Differences in Decision Making in Economic Behavior: A Japanese Twin Study using the Allais Problem“. Frontiers in Psychology 13(6): 1712
Stark, O. & Zawojska, E. (2015). “Gender differentiation in risk-taking behavior: On the relative risk aversion of single men and single women“. Economics Letters 137: 83-87 [Published version]
Stenstrom, E. P., Dinsmore, J. B., Kunstman, J. W. & Vohs, K. D. (2018). “The effects of money exposure on testosterone and risk-taking, and the moderating role of narcissism“. Personality and Individual Differences 123: 110-114
Stenstrom, E., Saad, G., Nepomuceno, M. V. & Mendenhall, Z. (2011). “Testosterone and domain-specific risk: Digit ratios (2D:4D and rel2) as predictors of recreational, financial, and social risk-taking behaviors“. Personality and Individual Differences 51(4): 412-416
Sung, J. & Hanna, S. (1996). “Factors Related to Risk Tolerance“. Financial Counseling and Planning 7: 11-20.
Sundén, A. E. & Surette, B. J. (1998). “Gender Differences in the Allocation of Assets in Retirement Savings Plans“. The American Economic Review 88(2): 207-211 [Draft]
Säve-Söderbergh, J. (2012). “Self-Directed Pensions: Gender, Risk, and Portfolio Choices“. The Scandinavian Journal of Economics 114(3): 705-728
Talpsepp, T. (2010). “Does Gender and Age Affect Investor Performance and the Disposition Effect?“. Research in Economics and Business: Central and Eastern Europe 2(1): 76-93
Virlics, A. (2013). “Investment Decision Making and Risk“. Prodecia Economics and Finance 6: 169-177 [Published version]
Watson, J. & McNaughton (2007). “Gender Differences in Risk Aversion and Expected Retirement Benefits“. Financial Analysts Journal 63(4): 52-62
Yao, R. & Hanna, S. D. (2005). “The effect of gender and marital status on financial risk tolerance”. Journal of Personal Finance 4(1): 66-85 [Summary]
Yeoh, L.-Y. & Wood, A. (2011). “Overconfidence, Competence and Trading Activity” [Unpublished Manuscript]
Zhong, L. X. & Xiao, J. J. (1995). “Determinants of Family Bond And Stock Holdings“. Financial Counseling and Planning 6: 107-114

Financial Literacy & Financial Planning

Arellano, A., Cámara, N. & Tuesta, D. (2018). “Explaining the Gender Gap in Financial Literacy: The Role of Non‐Cognitive Skills“. Economic Notes: Review of Banking, Finance and Monetary Economics 47(2-3): 495-518
Barboza, G., Smith, C. & Pesek, J. G. (2016). “Assessing Financial Literacy, Gender Gap and Cognitive Differences“. Journal of Financial Education 42(3-4): 205-242
Berger, E. D. & Denton, M. A. (2004). “The Interplay between Women’s Life Course Work Patterns and Financial Planning for Later Life“. Canadian Journal on Aging Supplement 23: 81-95
Bernheim, B. D. & Garrett, D. M. (2003). “The effects of financial education in the workplace: evidence from a survey of households“. Journal of Public Economics 87(7-8): 1487-1519
Chen, H., Volpe, R. P. (2002). “Gender Differences in Personal Financial Literacy Among College Students“. Financial Services Review 11(3): 289-307
Fisher, P. (2010). “Gender Differences in Personal Saving Behaviors“. Journal of Financial Counseling and Planning 21(1): 14-24
Fonseca, R., Mulle, K. J., Zamarro, G. & Zissimopoulos, J. (2012). “What Explains the Gender Gap in Financial Literacy? The Role of Household Decision Making“. Journal of Consumer Affairs 46(1): 90-106
Harrison, T. (ed.) (2016). Financial Literacy and the Limits of Financial Decision-Making. Palgrave Macmillan
Lusardi, A. & Mitchell, L. (2007). “Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education“. Business Economics 42(1): 35-44
Lusardi, A. & Mitchell, O. S. (2008). “Planning and Financial Literacy: How Do Women Fare?“. American Economic Review: Papers & Proceedings 98(2): 413-417
Wuttke, E., Seifried, J. & Schumann, S. (eds.) (2016). Economic Competence and Financial Literacy of Young Adults: Status and Challenges. Leverkusen Opladen, Germany: Barbara Budrich Publishers

Artificial Intelligence (Applied Industry Research)

Topol, E. J. (2019). “High-performance medicine: the convergence of human and artificial intelligence“. Nature Medicine 25: 44-56

Miscellaneous (Risk Tolerance, Risk-Taking, and Risky Behaviors)

Brockhaus Sr., R. H. (1980). “Risk Taking Propensity of Entrepreneurs“. The Academy of Management Journal 23(3): 509-520
Johnson, J. E. V. & Powell, P.L. (1994), “Decision Making, Risk and Gender: Are Managers Different?“. British Journal of Management 5(2): 123-138.
Karlsson Linnér, R. et al. (2019). “Genome-wide association analyses of risk tolerance and risky behaviors in over 1 million individuals identify hundreds of loci and shared genetic influences“. BioRxiv, 8.1.2019
Niederle, M. & Vesterlund, L. (2011). “Gender and Competition“. Annual Review of Economics 3: 601-630
Sonfield, M., Lussier, R., Corman, J. & McKinney, M. (1997). “Gender Comparisons in Strategic Decision‐Making: An Empirical Analysis of the Entrepreneurial Strategy Matrix“. Journal of Small Business Management 39(2): 165-173
Strawbridge, R. J. (2018). “Genome-wide analysis of self-reported risk-taking behaviour and cross-disorder genetic correlations in the UK Biobank cohort“. Translational Psychiatry 8: 39

Corporate Social Responsibility & Risk Management

Boholm, Å. (1996). “Risk perception and social anthropology: Critique of cultural theory“. Ethnos 61(1-2): 64-84
Boholm, Å (2003). “The cultural nature of risk: Can there be an anthropology of uncertainty?“. Ethnos 68(2): 159-178
Boholm, Å. (2015). Anthropology and Risk. London, UK: Routledge
D’Anselmi, P., Chymis, A. & Di Bitetto, M. (2011). Unknown Values and Stakeholders: The Pro-Business Outcome and the Role of Competition (2nd ed.). Cham, Switzerland: Palgrave Macmillan
Jones, D. A., Willness, C. R. & Glavas, A. (2017). “When Corporate Social Responsibility (CSR) Meets Organizational Psychology: New Frontiers in Micro-CSR Research, and Fulfilling a Quid Pro Quo through Multilevel Insights“. Frontiers in Psychology 8:520
Orlitzky, M. (2015). “The politics of corporate social responsibility or: why Milton Friedman has been right all along“. Annals in Social Responsibility 1(1): 5-29
Power, M., Scheytt, T., Soin, K. & Sahlin, K. (2009). “Reputational Risk as a Logic of Organizing in Late Modernity“. Organization Studies 30(2-3): 301-324
Tansey, J. & O’Riordan, T. (1999). “Cultural theory and risk: a review“. Health, Risk & Society 1(1): 71-90
Wæraas, A. & Maor, M. (eds.) (2005). Organizational Reputation in the Public Sector. London, UK: Routledge
Wood, D. J. & Jones, R. E. (1995). “Stakeholder mismatching: a theoretical problem in empirical research on corporate social performance“. International Journal of Organizational Analysis 3(3) 229–26 [Published version]

Management Control

Andersen, T. J. (eds.) (2016). The Routledge Companion to Strategic Risk Management. London, UK: Routledge
Hutter, B. & Power, M. (eds.) (2005). Organizational Encounters with Risk. New York, NY: Cambridge University Press
Martins, L. L. (2005). “A Model of the Effects of Reputational Rankings on Organizational Change“. Organization Science 16(6): 701-720
Otley, D. & Soin, K. (2014). Management Control and Uncertainty. Hampshire, UK: Palgrave Macmillan
Power, M. (2004). “Counting, Control and Calculation: Reflections on Measuring and Management“. Human Relations 57(6): 765-783
Power, M. (2004). The Risk Management of Everything: Rethinking the politics of uncertainty. London, UK: Demos
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