Attention utility is the hedonic pleasure or pain derived purely from paying attention to information. Using data on … brokerage account logins by individual investors, we show that individuals devote disproportionate attention to already …-known positive information about the performance of individual stocks within their portfolios. This aversion to paying attention to …

markets, investors' information level, and their attention. Besides generating novel testable predictions, this analysis …

markets, investors’ information level, and their attention. Besides generating novel testable predictions, this analysis …

, depending on the presented visual stimuli. Using eye-tracking data, we investigated the effects of arousal, attention, and … disengagement on individual payoffs using linear and nonlinear approaches. By estimating a nonlinear model using attention as a … attention exceeds a certain threshold, whereas disengagement has a higher negative impact on reduced attention levels and …

Cryptocurrencies have received growing attention from individuals, the media, and regulators. However, little is known … active traders, prone to investment biases, and hold risky portfolios. In line with attention effects and anticipatory … utility, we find that the average cryptocurrency investor substantially increases log-in and trading activity after his or her …

Cryptocurrencies have received growing attention from individuals, the media, and regulators. However, little is known … active traders, prone to investment biases, and hold risky portfolios. In line with attention effects and anticipatory … utility, we find that the average cryptocurrency investor substantially increases log-in and trading activity after his or her …