Mrittika Shamsuddin

1. Introduction Individuals, as influential social and economic agents, shape economic and market dynamics through their decisions. Consequently, gaining insights into the factors influencing these decisions is crucial for predicting market changes. A pivotal factor complicating market predictions is individuals’ varying risk preferences, particularly evident during uncertain scenarios such as the housing bubble crisis [1].

In Venezuela, Yulimar was an audio-visual technician for a local television company. In 2019, when her economic situation became dire, she migrated to Brazil with her husband and daughter looking for food, work and education. Now, she dedicates herself to taking Portuguese lessons and making and selling dolls and other handicrafts to earn a living.