Showing 1 - 10 of 2,927
This paper studies static rational inattention problems with multiple actions and multiple shocks. We solve for the optimal signals chosen by agents and provide tools to interpret information processing. By relaxing restrictive assumptions previously used to gain tractability, we allow agents...
Persistent link: https://www.econbiz.de/10012806924
Hypothetical stock market investment experiment in six countries reveals that after controlling for the average profit …" lose more money. The sad result is that only 8.2% of the subjects either ignore the peer group's investment performance, as …
Persistent link: https://www.econbiz.de/10012905073
We provide detailed descriptions, including over 550 mathematical formulas, for over 150 trading strategies across a host of asset classes (and trading styles). This includes stocks, options, fixed income, futures, ETFs, indexes, commodities, foreign exchange, convertibles, structured assets,...
Persistent link: https://www.econbiz.de/10012898167
InvestorLit is a subscription service providing reviews of institutional investment literature. The reviews cover a … wide range of investment topics and are published online. Bruce Grantier, founder of InvestorLit, is a member of the … pieces. The opinions expressed here are those of InvestorLit.Behavioral Finance and Investment Management, a 180-page book …
Persistent link: https://www.econbiz.de/10013009939
investment in emerging markets is greater than that in developed markets, reflecting vast opportunity. Yet, the indices (and ETFs …
Persistent link: https://www.econbiz.de/10013010019
Gil–Bazo and Ruiz–Verdú (2009) show that fund families strategically exploit the low performance sensitivity of investors, i.e., investors’ low elasticity of demand with respect to performance, to increase fund fees. Given that environmentally, socially and governance (ESG) focused...
Persistent link: https://www.econbiz.de/10014256676
This paper investigates the investment behaviors of 44,649 employees working in a CAC 40 index listed company. The … selected and number of asset categories selected. We document extreme saving strategies such as high investment in company … within the plan. Our results emphasize how several proxies of human capital are associated with company-based investment …
Persistent link: https://www.econbiz.de/10013093666
There are number of studies which favor the existence of gender bias in investment patterns. Most of the studies … (Julie R. Agnew, 2005). Some studies also contend that women are less confident about their investment decisions and earn … capacity, risk perception i.e. how they assume risk within different constraints, time horizon for investment, preference for …
Persistent link: https://www.econbiz.de/10013072638
We analyze a unique, comprehensive, multi-decade dataset of all communications with clients by a boutique investment … advisory and investment management firm to explore the behavior of individuals involved in financial decision making. We … propose and test a theory of self-regulation to explain both the appeal and the value of investment managers to individual …
Persistent link: https://www.econbiz.de/10012906029
We examine the effect of low interest rates on bond portfolio and market allocations by all institutional investors and households across all bond types in Germany at the security-level for 2005-2016. We find that―in contrast to banks―non-banks tilt bond portfolios significantly towards...
Persistent link: https://www.econbiz.de/10012898096