Opportunity costs in buying and short selling--Do they really matter?

The experimental results of the paper reveal that people do not take into consideration opportunity costs or opportunity profits when buying and short selling lottery tickets. These results are inconsistent with basic economic and finance theories.

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Year of publication:	2011
Authors:	Shavit, Tal ; Rosenboim, Mosi ; Malul, Miki
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 112.2011, 1, p. 122-124
Publisher:	Elsevier
Keywords:	Opportunity cost Short selling Auction Experiment

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009146109