Showing 1 - 8 of 8
We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute their own for alternative investment choices. Overall, 149 subjects participated in two experiments, one with just one risky asset, the other with two risky assets. Overconfidence...
Persistent link: https://www.econbiz.de/10011408444
Persistent link: https://www.econbiz.de/10001304222
Persistent link: https://www.econbiz.de/10001603002
Persistent link: https://www.econbiz.de/10002049203
We designed four observational learning experiments to identify the key channels that, along with Bayes-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in turn by subjects endowed with private signals of...
Persistent link: https://www.econbiz.de/10012924978
Persistent link: https://www.econbiz.de/10003357176
We designed four observational learning experiments to identify the key channels that, along with Bayes-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in turn by subjects endowed with private signals of...
Persistent link: https://www.econbiz.de/10011789104
There is a growing literature that studies intrahousehold decisions, although few papers study risk taking behavior. Yet, risk is unavoidable in many couple decisions, including residential location, labour supply, children or financial investments. In this paper, we consider couples facing...
Persistent link: https://www.econbiz.de/10012870336