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paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …
Persistent link: https://www.econbiz.de/10005739678
When investment is repeated, previous outcomes (winning/losing) as well as the current budget level (gain/loss domain … experiments initially conducted to investigate myopic-loss-aversion. We observe that investment is related to the number of … analysis is extended to settings with restricted flexibility concerning investment. …
Persistent link: https://www.econbiz.de/10005039981
’s interest in controlling who receives their private information. Participants of an experiment face the decision to share …
Persistent link: https://www.econbiz.de/10011210884
, individual differences, and emotions on behavioral responses to feedback frequency in an investment setting. Participants made … investment decisions in one of three feedback frequency conditions: (1) they received feedback after each round and had the … opportunity to make investment changes each time; (2) they received feedback after each round, but were only given the possibility …
Persistent link: https://www.econbiz.de/10005789943
risk aversion was implemented in a sample of former participants of the asset market experiment (32 persons). The presented …In this paper influence of behavioral factors (overconfidence and risk aversion) on financial decision making of … economic subjects is analyzed. For this purpose two kinds of experiments were conducted: asset market and risk aversion …
Persistent link: https://www.econbiz.de/10008694158
Economic experiments have shown that when given the choice between piece-rate and winner-take-all tournament style compensation, women are more reluctant than men to choose tournaments. These gender difference experiments have all relied on a similar framework where subjects were not informed of...
Persistent link: https://www.econbiz.de/10008592978
Economic theory predicts that in a first-price auction with equal and observable valuations, bidders earn zero profits. Theory also predicts that if valuations are not common knowledge, then since it is weakly dominated to bid your valuation, bidders will bid less and earn positive profits....
Persistent link: https://www.econbiz.de/10005125581
: a laboratory experiment, a field study, and a large US supermarket chain, to study the cognitive underpinning and the …
Persistent link: https://www.econbiz.de/10011111811
We present a new model of forward dynamic utilities. In doing so, we provide unique (viscosity) solutions. In addition, we introduce Hausdorff-continuous viscosity solutions to the portfolio model.
Persistent link: https://www.econbiz.de/10008633344
Risk exposure can be efficiently optimized in practical situations, using a new apporach to identification of investor …'s risk aversion. …
Persistent link: https://www.econbiz.de/10005134885