Easy, breezy, risky : lay investors fail to diversify because correlated assets feel more fluent and less risky
Year of publication: |
2019
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Authors: | Cornil, Yann ; Hardisty, David J. ; Bart, Yakov |
Published in: |
Organizational behavior and human decision processes : a journal of fundamental research and theory in applied psychology. - Amsterdam [u.a.] : Elsevier, ISSN 0749-5978, ZDB-ID 629198-3. - Vol. 153.2019, p. 103-117
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Subject: | Perceived risk | Lay perception | Fluency | Diversification | Financial decision-making | Financial literacy | Anlageverhalten | Behavioural finance | Portfolio-Management | Portfolio selection | Finanzwissen | Risiko | Risk | Diversifikation | Kapitalanlage | Financial investment | Entscheidung unter Risiko | Decision under risk | Risikopräferenz | Risk attitude | Konsumentenverhalten | Consumer behaviour | Finanzmarkt | Financial market | Wahrnehmung | Perception |
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