performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …. The adaptation level, by contrast, affects the actual investment decision indirectly via its impact on expectations. …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment … influence decision making. …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk …. Dependent on the timing of the global risk different combinations of anticipated and experienced emotions influence decision …

In laboratory experiments we explore the effects of communication and group decision making on investment behavior and … on subjects' proneness to behavioral biases. Most importantly, we show that communication and group decision making does …. -- hot hand belief ; gambler's fallacy ; experimental finance ; experts ; team decision making …

Many important economic and political decisions are made by teams. In the economic literature, however, the decision … a team decision algorithm, excess-risk vetoing, that combines simple majority voting with the right to veto alternatives …

Argentine context. Mainly, this study analysed the financial decision-making process in students of the economic …