The present thesis examines if and to what extent microeconomic theory can explain the observable behavior of …Die vorliegende Arbeit untersucht, ob bzw. inwiefern die mikroökonomische Theorie geeignet ist, das beobachtbare …

and knowledge measures with gender produce nearly opposite effects. …

We examine gender differences in investment risk tolerance, knowledge, confidence, and portfolio cash allocations among … a sample of advised and self-directed wealthy individuals. Our results demonstrate that gender effects are more … men, previous findings of lower confidence and knowledge do not extend to our sample wealthy women. Second, having an …