Showing 1 - 10 of 714,333
Behavioral science has helped encourage better behaviors for many investors who are accumulating savings for retirement. This paper investigates the application of behavioral science to decumulation to help investors make better choices and maintain quality of life in retirement. We conducted a...
Persistent link: https://www.econbiz.de/10013307610
Chisini mean enables these tools to be used as rational decision criteria. Specifically, we focus on 11 metrics and show that … intuitive notion of mean is the founding basis of investment decision criteria …
Persistent link: https://www.econbiz.de/10012932834
, they might be able to hijack a deliberative decision-making process. …
Persistent link: https://www.econbiz.de/10011524094
We present evidence consistent with theories that psychological biases affect rationality decision of managers. We find … a strong evidence on the effect of managerial psychology on corporate investment decision's rationality. Using models … disposition effect to explain their impact on corporate investment decision's rationality. Corporate governance contributes to the …
Persistent link: https://www.econbiz.de/10013102161
Intuition can lead to more effective decision-making than analysis under certain conditions. This assumption can be … regarded as common sense. However, dominant research streams on intuition effectiveness in decision-making conceptualize … article suggests the structuredness of the decision problem as the main criterion for intuition effectiveness, and proposes …
Persistent link: https://www.econbiz.de/10012029308
Persistent link: https://www.econbiz.de/10013133103
This paper examines the liquidity, Tobin's Q, and cost of equity effects from voluntary and mandatory IFRS adoption. In contrast to prior work, we focus on the firm level heterogeneity in the economic consequences, recognising that the level of uncertainty avoidance (UAI) in a country will...
Persistent link: https://www.econbiz.de/10012905363
Persistent link: https://www.econbiz.de/10011786642
poker game, argues that finance and accounting researchers should take the “linguistic turn” that has rejuvenated theory and … economy.The paper recommends that researchers in finance and accounting adopt paradigms from literary theory, semiotics …, linguistics, and semiology rather than continue to rely on economics-based theory, which has lost its power for explaining and …
Persistent link: https://www.econbiz.de/10013160463
We survey the textual sentiment literature, comparing and contrasting the various information sources, content analysis methods, and empirical models that have been used to date. We summarize the important and influential findings about how textual sentiment impacts on individual, firm-level and...
Persistent link: https://www.econbiz.de/10013007694