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 …

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 …

experiment that regularly produces valuation bubble and crash events. Global sessions involved real time trades between subjects …

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 …

design a laboratory experiment to test our theoretical predictions against the behaviors of human subjects. Short …-horizon forecasts are well-described by adaptive learning, which delivers convergence to RE equilibrium, while short-horizon forecasts …

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 …

realize past gains than past losses. In two induced-value laboratory experiments, the availability of a robo-advisor reduces … with cognitive dissonance theory, which predicts that assigning responsibility to the advisor helps investors resolve a … for improving decision making, and suggest some further research directions. …