Anderson, Billie; Mauck, Nathan; Salzsieder, Leigh - In: Cogent Economics & Finance 11 (2023) 1, pp. 1-22
Our experiments evaluate the role of information presentation in reducing violations of the Law of One Price in individual investor selection of index mutual funds. The results indicate that most individuals fail to minimize fees. However, individuals allocate nearly 27% (43%) more of their...
