Can simulated experience be harnessed to help people make investment decisions?

To make profitable investment decisions, investors must know and understand their risks. They can learn about these risks in different ways. Evidence suggests that investors who learn from a ‘risk tool’ simulator perceive financial risk more accurately, feel more informed and confident, and thus tak...

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Bibliographic Details
Main Authors: Tomás Lejarraga, Kavitha Ranganathan, Dirk U. Wulff
Format: Article
Language:English
Published: Cambridge University Press 2024-01-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297524000172/type/journal_article
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