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We merge administrative information from a large German discount brokerage firm with regional data to examine if financial advisors improve portfolio performance. Our data track accounts of 32,751 randomly selected individual customers over 66 months and allow direct comparison of performance...
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Verbraucherpolitische Maßnahmen müssen dort ansetzen, wo sich Verbraucher nicht selbst schützen können. Notwendige Bedingung für eine effektive Gestaltung verbraucherpolitischer Maßnahmen ist daher das Wissen um das tatsächliche Verhalten von Verbrauchern. Gerade im Bereich...
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. Our results indicate that a household's level of trust and comfort with new technologies, financial literacy, and overall … transparency impact its propensity to switch to a FinTech. Specifically, households with low levels of trust, good financial …
Persistent link: https://www.econbiz.de/10012889034
preferences such as risk preference, and crucial beliefs about the world, such as trust. This paper provides evidence on the three …
Persistent link: https://www.econbiz.de/10010264365
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children … respect to risk and trust attitudes and thus transmit their own attitudes more strongly. The results are robust to including …
Persistent link: https://www.econbiz.de/10010319444
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children … respect to risk and trust attitudes and thus transmit their own attitudes more strongly. The results are robust to including …
Persistent link: https://www.econbiz.de/10009765617
Research on 'trust' now forms a prominent part of the research agenda in history and the social sciences. Although this … research has generated useful insights, the idea of trust has been used so widely and loosely that it risks creating more … confusion than clarity. This essay argues that to the extent that scholars have a clear idea of what trust actually means, the …
Persistent link: https://www.econbiz.de/10010369194