Showing 1 - 10 of 3,590
Background: In making investment decisions, asset risk and return are two crucial criteria on which investors base … their decision. Objectives: This paper provides risk and return analysis and compares different traditional and alternative … estate, foreign exchange, cryptocurrencies, renewable energy sources, gold, and oil. Methods/Approach: The risk measures of …
Persistent link: https://www.econbiz.de/10013542202
Does buying a stock bias one’s expectations about its future value? We find experimental evidence that it does. First, in a laboratory experiment, we elicit peoples’ price predictions for simulated stocks and compare them to the Bayesian benchmark. Then, in a second experiment, we elicit...
Persistent link: https://www.econbiz.de/10013213257
-established determinants of returns from the real world also affect asset prices in this market, despite the absence of systematic risk. The …
Persistent link: https://www.econbiz.de/10013233921
wrong perception of the risk-reward potential of an investment. Additionally, the paper analyzes which representation format … is most likely to encourage investment risk taking that is motivated by a biased risk-reward perception. The results … investment than individuals using bar charts. However, the strongest reduction of biased risk taking is achieved with a bar chart …
Persistent link: https://www.econbiz.de/10012916341
between funded and unfunded systems when there are sources of uninsurable risk that are allocated in different ways by …
Persistent link: https://www.econbiz.de/10011398101
replacement rate at retirement. We identify that the key factor driving our results is the uncertainty of the equity risk premium …
Persistent link: https://www.econbiz.de/10013056480
replacement rate at retirement. We identify that the key factor driving our results is the uncertainty of the equity risk premium …
Persistent link: https://www.econbiz.de/10013027055
funded and unfunded systems when there are sources of uninsurable risk that are allocated in different ways by different …
Persistent link: https://www.econbiz.de/10009781509
and unfunded systems when there are sources of uninsurable risk that are allocated in different ways by different types of …
Persistent link: https://www.econbiz.de/10013321171
Households face earnings risk which is non-normal and varies by age and over the income distribution. We show that … assets. Because households are subject to more background risk than previously considered, the estimated model implies a … substantially lower coefficient of risk aversion. We also find renewed support for rule-of-thumb investment strategies under the …
Persistent link: https://www.econbiz.de/10014278693