control for the Perception Effects. However, if we consider these effects, we find support for the theory. The isolated … distinguish between Real Tax Effects and Perception Effects when a proportional income tax, with and without a full loss offset … Perception Effects can explain the unexpected behavior observed in previous studies and has both scientific and political …

We study three fundamental components of financial agency settings: Perception and communication of investment profiles …, the interaction of agents’ and clients’ preferences, and the role of (non-)monetary incentives. The perception of …