Market participation, self-respect, and risk tolerance

HIGHLIGHTS

  • who: Carlo Ludovico Cordasco from the Oxford Brookes Business School, Oxford Brookes University, Oxford, UK have published the research: Market Participation, Self-respect, and Risk Tolerance, in the Journal: (JOURNAL)
  • what: The authors show how opportunities to participate in markets contribute to these moral faculties, namely a capacity to have a resilient sense of self-respect while engaged in social activities where non-compliance and losses are constant risks and occasional experiences.
  • future: Such risk is only local and temporary in that individuals always maintain the possibility of further and future engagement with . . .

     

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