been major inspirations in my academic journey, and there's no doubt that I have reached this point due to their unwavering support. My father, Alexandre da Costa Goularte, Maria Gilvaneide Dias Goularte, and my siblings Lívia, Pedro, and Vítor, have provided the best support during the most challenging times. My stepfather, Matias Chambouleyron, played a pivotal role in igniting and sustaining my interest in the field of economics.In my academic journey, I thank my advisor, Rodrigo De Losso, for his guidance, patience, and teachings. I also express gratitude to Professors Rodrigo Lanna, Leandro Maciel, and Sérgio Almeida for the fruitful discussions, advice, and continuous insights that have clarified my purpose in academia. I genuinely hope that in the future I can become an academic who measures up to these monumental influences. I also thank Professors Stefan Trautmann and Juergen Eichberger from the AWI at University of Heidelberg for their generosity in arranging a visiting scholar period for me and for their genuine efforts in ensuring my stay was both enjoyable and productive. Moreover, both of them have made significant contributions to my research through their comments and suggestions. The visiting period at the University of Heidelberg was undeniably one of the most enriching experiences I've had, both academically and personally. Here, I also have to cite Cristoph Becker, Manuel Schick, Ming Dai, Pascal Kieren and Freia Schadt that helped me feel closer to home, on one hand, while also making an effort to get me to know more about the beautiful city of Heidelberg.Lastly, I express my heartfelt gratitude and love to my fiancée Mônica Shinoda and my stepson Gabriel Yuuki for their companionship, understanding, and for making the doctoral journey as light as possible. You both mean the world to me. I also send special thanks to my in-laws, Jorge and Lilian, who not only were hugely supportive of my ambitions, but were instrumental in keeping things in order during my visiting scholarship aborad.Also, the support of many friends both from FEA and from outside academia were crucial.Many people come to mind here, but I have to cite Fábio Marabesi, that is specially good at challenging some of my economists' claims in healthy debates, pushing for my view on economics to widen and evolve.There are many more people who played pivotal roles in this journey, and I hope they feel contemplated in these acknowledgments. If there's one thing a researcher in decision-making should know, is that a person's decisions outcomes are deeply influenced by the people close to him. Hence, this thesis is not solely a product of my efforts: it is somehow a collective achievement.
ResumoEsta tese é composta por dois artigos, ambos abordando a questão da tomada de decisão em situações que envolvem risco e incerteza. O primeiro artigo aborda o efeito "Reach-for-Yield", ou seja, o aumento do apetite por risco de agentes econômicos em cenários de taxas de juro baixas. Tais situações são interpretadas como cenários com baixas taxas ...