This paper evaluates potential methods for reducing ambiguity surrounding returns on equity to improve financial decision making related to retirement planning. We first assess the degree of ambiguity aversion exhibited by individuals in the sample population as they decide between a risky...

We conduct an experimental study that tests the effectiveness of de-biasing a certain form of exponential growth bias found in household finance debt decisions, called the amortization bias. We provide 251 bachelor students at a German university with a short tutorial based on one of three...

This study analyzes the potential effectiveness of using simple technical analysis indicators to determine the overall riskiness of portfolio asset allocation. Using the 200-day simple moving average of the S&P500 as our technical indicator in two separate strategies, we employ a “risk-on”...