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This study investigates the influence of past volatility on individual investors' forecasting behavior. We conducted two experiments in which we used real stock prices to construct low- and high-volatility time series, and asked participants to make both point estimates and interval forecasts of...
Persistent link: https://www.econbiz.de/10009440694
-causes volatility without feedback. These results are broadly consistent with behavioral models like the overconfidence and biased self …
Persistent link: https://www.econbiz.de/10009448126
Persönlichkeitsmerkmale Overconfidence und Optimismus von Führungskräften auf ihre Kapitalstrukturentscheidungen wird empirisch untersucht …). Demnach wählen Manager mit Overconfidence und Optimismus höhere Fremdkapitalquoten und kürzere Fristigkeiten. Sie beschränken … bestätigen den Einfluss von Overconfidence von Finanzvorständen auf ihre Kapitalstrukturentscheidungen. Die Overconfidence des …
Persistent link: https://www.econbiz.de/10009467404
The purpose of this dissertation is to examine further the factors that influencefarmers’ decisions to participate in crop insurance programs. The factors consideredare RMA rules and farmers’ yield perceptions. In particular, the first paperexamined the role of Risk Management Agency’s...
Persistent link: https://www.econbiz.de/10009477925
This doctoral thesis investigates the influence of overconfidence on the outcomes in experimental asset markets, both … that is later used in economic experiments to measure subjects’ overconfidence. The second part investigates the role of … market overconfidence in the occurrence of bubbles in asset prices and the emergence of other stylized facts of financial …
Persistent link: https://www.econbiz.de/10009428972
This two-part paper is intended to explore the task of differentiating a professional gambler from a leisure gambler, specifically, among online poker players. The first part of the study consists of a statistical analysis to identify the requisite number of hands of online poker required to...
Persistent link: https://www.econbiz.de/10009467921
relationship between individuals’ gambling choices and their choices regarding fast-food consumption, junk-food consumption … significant and revealing relationship between gambling choices and choices relating to one's health that can lead one to conclude …
Persistent link: https://www.econbiz.de/10009468248
A development in Australian hospitality education has been increasing numbers of industry specific tertiary courses developed in conjunction with, and often at the request of, a particular industry through its industry association. The desire for more professional standards and management...
Persistent link: https://www.econbiz.de/10009475197
This paper helps address a deficiency of gender specific research into gambling. Using predominantly non … randomly from six large Sydney clubs. The results support female gambling stereotypes of lower individual bets and lower … overall expenditure, but not of lower participation and frequency of play, and shorter duration of gambling sessions. Further …
Persistent link: https://www.econbiz.de/10009475294
This article seeks to establish the extent of displacement effects across gaming products. This is a particularly difficult question to address with precision. To date, many studies have looked at policy changes such as the introduction of a new product into the market to assess the severity of...
Persistent link: https://www.econbiz.de/10009475727