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The endowment effect on entrepreneurs : a risky attachment

Echeverry Peñón, Isabela; Reyes Ortega, Santiago - In: Estudios de economía 45 (2018) 2, pp. 231-249

during investment processes. This paper presents an alternate view on the drivers behind entrepreneurs’ risk-taking behavior …This paper presents evidence on the role of the endowment effect in shaping the risk-taking behavior of entrepreneurs …

Persistent link: https://www.econbiz.de/10011982570

Illusion of expertise in portfolio decisions : an experimental approach

Fellner, Gerlinde; Güth, Werner; Maciejovsky, Boris - 2001

Overall, 72 subjects invest their endowment in four risky assets. Each com-bination of assets yields the same expected return and variance of returns. Illusion of expertise prevails when one prefers nevertheless the self-selected portfolio. After being randomly assigned to groups of four...

Persistent link: https://www.econbiz.de/10011408429

Overconfidence in investment decisions : an experimental approach

Dittrich, Dennis; Güth, Werner; Maciejovsky, Boris - 2001

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 …

Persistent link: https://www.econbiz.de/10011408444

The relationship between emotional biases and investment decisions : a meta-analysis

Kumar, Shailendra; Chaurasia, Akash - In: IIMT journal of management 1 (2024) 2, pp. 171-185

, overconfidence bias, and regret aversion bias) and investment decisions through a meta-analysis approach. Design … at how emotional biases (loss aversion bias, regret aversion bias, and overconfidence bias) affect investment decisions … analysed 31 empirical studies and found a significant positive correlation between emotional biases and investment decisions …

Persistent link: https://www.econbiz.de/10015210434

Do heuristics affect Brazilian investors' decision-making process?

Souza, Virgílio Vasconcelos; Souza, Lucas Lopes Ferreira; … - In: Review of behavioral finance : RBF 16 (2024) 2, pp. 282-299

Persistent link: https://www.econbiz.de/10014515818

Do people care about loss probabilities?

Zeisberger, Stefan - In: Journal of risk and uncertainty 65 (2022) 2, pp. 185-213

Persistent link: https://www.econbiz.de/10013453862

Sometimes less is more : the influence of information aggregation on investment decisions

Kaufmann, Christine; Weber, Martin - In: Journal of economic behavior & organization : JEBO 95 (2013), pp. 20-33

Persistent link: https://www.econbiz.de/10010339313

Illusion of Expertise in Portfolio Decisions:An Experimental Approach

Fellner, Gerlinde; Güth, Werner; Maciejovsky, Boris - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2001

This paper focuses on egocentric biases in financial decisions. Subjects first designa portfolio, whereby each combination of assets yields the same expected returnand variance of returns. They are then confronted with two alternative portfolios;the average portfolio and the portfolio of one’s...

Persistent link: https://www.econbiz.de/10005867327

Taking more risk tomorrow : time horizons and investment decisions

Rieger, Marc Oliver; Trang Minh Nguyen; Schnur, Benjamin; … - In: Applied economics letters 28 (2021) 6, pp. 459-463

Persistent link: https://www.econbiz.de/10012485050

Investment, resolution of risk, and the role of affect

Winden, Frans A. A. M. van; Krawczyk, Michał; … - 2008

-based questionnaire before the experiment and participants' preferencesfor resolution timing, risk, and time were incentive compatibly … measured during the experiment.Main findings are that delayed resolution can affect investment, that the effect depends on the …This experimental study is concerned with the impact of the timing of the resolution of risk onpeople's willingness to …

Persistent link: https://www.econbiz.de/10011374397