Showing 1 - 10 of 152
This dissertation deals with the impact of speculative behaviour on output patterns of the real economy. The impact may … be twofold. Speculative behaviour occurs due to positive developments at the real economy and optimistic outlooks. Also …, speculative behaviour may occur at other markets, like the stock market. We address both, a spill-over effect and the build up of …
Persistent link: https://www.econbiz.de/10011475669
We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010353591
We investigate the formation of market prices in a new experimental setting involving multi-period call-auction asset markets with state-dependent fundamentals. We are particularly interested in two informational aspects: (1) the role of traders who are informed about the true state and/or (2)...
Persistent link: https://www.econbiz.de/10010429127
portfolio rebalancing 2.6 Personalised decision-making, individual goals and behaviour 2.7 Single minded businesses 2 …
Persistent link: https://www.econbiz.de/10011454936
In this chapter, we first discuss the limitations of traditional financial advice, which led to the emergence of robo-advising. We then describe the main features of robo-advising and propose a taxonomy of robo-advisors based on four defining dimensions---personalization, discretion,...
Persistent link: https://www.econbiz.de/10012836714
Robot advisory services are rapidly expanding, responding to a growing interest people have in directly managing their … savings. Robot advisors may reduce costs and improve the quality of the service, making user involvement more transparent … mismatch between investors' expected and actual risk. The aim of the paper is to enhance robot advisory portfolio allocation …
Persistent link: https://www.econbiz.de/10012839259
In this chapter, we first discuss the limitations of traditional financial advice, which led to the emergence of robo-advising. We then describe the main features of robo-advising and propose a taxonomy of robo-advisors based on four defining dimensions: personalization, discretion, involvement,...
Persistent link: https://www.econbiz.de/10012840565
The development of robo-advising allows investors to receive advice on investments that were considered too small by traditional human advisers. In this paper, the viability of robo-advising for individual investors is discussed by investigating one of the basic strategies of portfolio...
Persistent link: https://www.econbiz.de/10013013210
financial markets. Two different methods are used: (i) a trading robot approach to examine whether or not there is such an …
Persistent link: https://www.econbiz.de/10013051283
financial markets. Two different methods are used: (i) a trading robot approach to examine whether or not there is such an …
Persistent link: https://www.econbiz.de/10013052321