This paper examines whether the network ties help explain variation in analysts' forecast accuracy and how the relationship between network ties and analysts' forecast accuracy varies depending on the nature and context of those ties. We posit that the analysts could develop a valuable...

Using a randomized controlled trial we test how retail investors assess and update their priors based on different types of financial advice, which either aligns with their priors or goes against it. We compare advice that emphasizes either the benefits of passive investment strategies (such as...