Bounded Rationality in the Sale and Purchase of Managed Funds

The under-use of lower cost and higher performing passively managed funds by consumers appears to be an example of market failure that is leading to consumer detriment. These investing decisions do not appear to be economically rational behavior by investors. This article considers some possible explanations for this phenomenon from the behavior finance literature, and proposes some possible public policy responses

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Year of publication:	2012
Authors:	Bollen, Rhys
Publisher:	[2012]: [S.l.] : SSRN

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Extent:	1 Online-Ressource (26 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Macquarie Journal of Business Law, Vol. 9, pp. 88, 2012 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 1, 2012 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013104888