Abstract:Purpose: The paper's objective is to compare differences between people from four European countries in terms of however having or never having debt difficulty is related to risk attitude. Design/Methodology/Purpose: This paper aims to check however having or never having debt arrears is related to risk attitude. The hypothesis put forward is that independently of country, people who have never been in debt arrears are less risk-seeking than people who have ever had arrears; however, the differences in risk av… Show more
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