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A series of studies examines whether certain biases in probability assessments and perceptions of loss, previously found in experimental studies, affect consumers' decisions about insurance. Framing manipulations lead the consumers studied here to make hypothetical insurance-purchase choices...
Persistent link: https://www.econbiz.de/10013116969
Foreign migrant remittances are a growing phenomenon in international financial flows yet are barely mentioned in discussions in international finance. The growth in migrant remittances to the developing world in the past decade amounted to $332 billion in 2010 and is forecast to reach $467...
Persistent link: https://www.econbiz.de/10013102176
It is well documented in the empirical literature that employee stock options exercise behavior is driven by economic/rational factors as well as by psychological/behavioral factors. The latter include a set of behavioral biases affecting attitudes towards risk. Perhaps the most comprehensive...
Persistent link: https://www.econbiz.de/10013091803
process leads managers to take higher risks through having confidence in their effort allocation decision. Our research …
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Analysis of decision making under risk has been dominated by expected utility theory, which generally accounts for … people's actions. Presents a critique of expected utility theory as a descriptive model of decision making under risk, and … responses to various hypothetical decision situations under risk and shows results that violate the tenets of expected utility …
Persistent link: https://www.econbiz.de/10013154437
Common research on decision-making investigates non-interdependent situations, i.e., quot;games against naturequot … strategic character makes psychological decision-making more complex by introducing the outcomes for others as an additional … consequences of such a shift of the frame. It examines whether some irrationalities of human decision-making might be explained by …
Persistent link: https://www.econbiz.de/10012723032
Investor behavior in the investment decision making is something dynamic, since the behavior is influenced by the … preposition that can be used to describe, predict and explain the investor behavior in the stock decision making in capital market … decision making to invest in capital market is firstly required. There is three theories to explain the investor behavior in …
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