Drerup, Tilman H.; Wibral, Matthias; Zimpelmann, Christian - 2022
individual-level data on return expectations for a broad index and a single stock, we show that portfolio allocations increase … with the skewness of respondents' return expectations for the respective asset, controlling for other moments of a … respondents' expectations and sociodemographic information. We also show that while an individuals' expectations are correlated …