This study examines how probability and outcome framing modulate the default effect in risky decision-making using two controlled experiments with probabilistically equivalent lotteries. Participants ...

Decision-making in the presence of risk and uncertainties is always challenging. Decision makers would like to evaluate the risks prior to their decisions to understand the ranges of possible outcomes ...

Imagine you are making a financial investment decision between two options: One option involves a diverse portfolio, which yields variable returns with unknown probabilities, for which you have ...

Quantum exposure cuts across data, supplier contracts, capital allocation, customer commitments, regulatory adequacy and ...