Seminar 217, Risk Management: The Long-lasting Effects of Propaganda on Financial Risk-Taking

Risk Seminar
Apr 12, 2018 12:30pm to 2:00pm
Location: 
1011 Evans Hall
Status: 
Happening As Scheduled
We argue that emotional coloring of experiences via political propaganda has long-term effects on risk taking. We show that living in an anti-capitalist system reduces individuals' willingness to invest in the stock market even decades later.
Speaker: Ulrike Malmendier, UC Berkeley (Speaker - Featured)