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Persistent link: https://www.econbiz.de/10014454730
We experimentally investigate the memory recall bias of overconfident (underconfident) individuals after receiving feedback on their overconfidence (underconfidence). Our study differs from the literature by identifying the recall pattern conditional on subjects' overconfidence/underconfidence....
Persistent link: https://www.econbiz.de/10013252749
This paper experimentally tests the Fox-Tversky (1995) source preference hypothesis as axiomatized in Chew and Sagi (2008) where people may have preference between equally distributed risks depending on the underlying sources of uncertainty. We study two forms of source preference. One is based...
Persistent link: https://www.econbiz.de/10013220909
Does morality in business affect investors’ choice of stocks? Building on the source preference literature, we propose a novel measure of moral stock preference and offer a nested model relating it to social preference, attention to corporate social responsibility (CSR), and belief bias. We...
Persistent link: https://www.econbiz.de/10013241747