Showing 1 - 10 of 103
that international diversification does not pay: the cost of the home bias within Euroland has been lowered (in some cases …, in light of this option, the cost of the home bias continues to be significant. …
Persistent link: https://www.econbiz.de/10005792238
in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of …
Persistent link: https://www.econbiz.de/10005136539
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …
Persistent link: https://www.econbiz.de/10005791668
Negotiations frequently end in conflict after one party rejects a final offer. In a large-scale internet experiment we …
Persistent link: https://www.econbiz.de/10005661953
empirical analysis of the effects of reminders and feedback on investment activities involving up-front costs and delayed … benefits, such as education and healthy behavior. By means of a randomized field experiment, we show that simple weekly … reminders induce users of a gym to substantially increase their levels of physical exercise. We show that limited attention …
Persistent link: https://www.econbiz.de/10009322502
preferences to such "home bias", using detailed data on wine sales in New Hampshire (weekly sales by brand by store for one year … from 58 percent to 38 percent if all country-of-origin effects are set equal. Home bias on this market is not explained by …
Persistent link: https://www.econbiz.de/10008553069
experiment for examining the effect of political borders on trade both in the cross-section and over time. With the fall of the …
Persistent link: https://www.econbiz.de/10008496456
This paper discusses the existence of 'home' biases in the 19th century global capital market, whereby colonies appear to have received a 'disproportionate' amount of capital from their metropolis. Starting from a discussion of the Bulow Rogoff (1989) problem, we argue that imperial links...
Persistent link: https://www.econbiz.de/10005123494
The surge in international asset trade since the early 1990s has lead to renewed interest in models with international portfolio choice, an aspect that was largely cast aside when the ad-hoc portfolio balance models of the 1970s were replaced by models of optimizing agents. We develop the...
Persistent link: https://www.econbiz.de/10005123503
This Paper empirically investigates the decisions of US publicly traded firms on where to incorporate. We study the features of states that make them attractive to incorporating firms and the characteristics of firms that determine whether they incorporate in or out of their state of location....
Persistent link: https://www.econbiz.de/10005123946