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genanntes Herdenverhalten zeigen. Auf der Basis unterschiedlicher theoretischer Modellansätze wird skizziert, warum Prognostiker ….S.-Dollar eingesetzt, um empirisch auf Herdenverhalten zu testen. Die Ergebnisse deuten darauf hin, dass nicht Herdenverhalten, sondern … Anti-Herding vorzuherrschen scheint. Die Prognostiker scheinen daher im Hinblick auf ihre Prognosen "Produktdifferenzierung …
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market distortion; rational decision making within game theory frameworks under different jurisdictional background … approach the decision very differently? Why do standardized commodity contracts universally opt out of the CISG? This article …
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Economists and financial analysts have begun to recognise the importance of the actions of other agents in the decision …-making process. Herding is the deliberate mimicking of the decisions of other agents. Examples of mimicry range from the choice of … restaurant, fashion and financial market participants, to academic research. Herding may conjure negative images of irrational …
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We integrate theory and experimental evidence to study the emergence of different international monetary arrangements … and monetary policy formalized as changes in a country’s money growth rate. Results from the experiments indicate subjects …
Persistent link: https://www.econbiz.de/10014350947
gains than past losses. In two induced-value laboratory experiments, the availability of a robo-advisor reduces (i … dissonance theory, which predicts that assigning responsibility to the advisor helps investors resolve a sense of discomfort that … socialness. These results have implications for the ongoing automation of advisory services, as well as for improving decision …
Persistent link: https://www.econbiz.de/10013241153
A key aspect of the governance process inside organizations and markets is the measurement and disclosure of important metrics and information. In this chapter, we examine the effect of sustainability disclosure regulations on firms’ disclosure practices and valuations. Specifically, we...
Persistent link: https://www.econbiz.de/10014184153
Based on Whitley’s “National Business Systems” (NBS) institutional framework (Whitley 1997; 1999), we theorize about and empirically investigate the impact of nation-level institutions on firms’ corporate social performance (CSP). Using a sample of firms from 42 countries spanning seven...
Persistent link: https://www.econbiz.de/10014044821