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This study analyzes investors' perception of placebic information and its impact on stock price estimates. We initiate a questionnaire-based stock price forecast competition among 196 undergraduate students in business administration. We show that placebic information increases the perceived...
Persistent link: https://www.econbiz.de/10012426318
' choice of parking type and location) however, little attention has been devoted to understand how risk and uncertainty … influence drivers' behaviours in parking decision. This paper presents the preliminary outcomes of a laboratory experiment … decision, taking explicitly into consideration both risk and uncertainty. In the follow up work, currently being completed …
Persistent link: https://www.econbiz.de/10011570797
information is potentially erroneous. In our laboratory experiment, subjects purchase products associated with co …
Persistent link: https://www.econbiz.de/10012437558
We conduct a laboratory experiment to explore whether loss aversion applies to social image concerns. First, subjects … are ranked publicly in a social image relevant domain, an IQ test, to establish own rank as a within-subject reference … point. We then induce an exogenous change in within-subject rank and offer scope for lying about it to test whether subjects …
Persistent link: https://www.econbiz.de/10012422440
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examine data from an incentivized framed field experiment, which was part of a survey among a representative sample of …
Persistent link: https://www.econbiz.de/10012421633
respond strategically to this information. More experienced sellers ask for higher BIN-prices, whereas seller risk aversion …
Persistent link: https://www.econbiz.de/10012309640
Persistent link: https://www.econbiz.de/10003630295
We investigate how the experience of extreme events, such as the COVID-19 market crash, influence risk-taking behavior …. To isolate changes in risk taking from other factors, we ran controlled experiments with finance professionals in … December 2019 and March 2020. We observe that their investments in the experiment were 12 percent lower in March 2020 than in …
Persistent link: https://www.econbiz.de/10012495427
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