Skewness expectations and portfolio choice

Autor: Tilman Drerup, Matthias Wibral

Publikováno v: Experimental Economics, 26(1), 107-144. Springer, Cham

Many models of investor behavior predict that investors prefer assets that they believe to have positively skewed return distributions. We elicit detailed return expectations for a broad index fund and a single stock in a representative sample of the

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6e8328747d0305e79229e9b75650c54f
https://cris.maastrichtuniversity.nl/en/publications/5093379c-5778-4dd2-a402-b7978eb4e4ca

Get Real! Individuals Prefer More Sustainable Investments

Autor: Paul Smeets, Tobias Ruof, Rob Bauer

Publikováno v: Review of Financial Studies, 34(8), 3976-4043. Oxford University Press

Do people put their pension savings on the table to promote sustainability? We answer this question in a large-scale field experiment (n = 3,256). The pension fund in our study gave its members a real vote for more or less sustainable investments. A

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::dacc5d04560204bbbcefbe16f5d99988
https://doi.org/10.1093/rfs/hhab037

Farm-Level Risk-Balancing Behavior and the Role of Latent Heterogeneity

Autor: Aderajew, Tamirat S., Du, Xiaoxue, Pennings, Joost M. E., Trujillo-Barrera, Andres

Publikováno v: Journal of Agricultural and Resource Economics, 45(2), 265-281. Western Agricultural Economics Association
Journal of Agricultural and Resource Economics 45 (2020) 2
Journal of Agricultural and Resource Economics, 45(2), 265-281

The risk-balancing hypothesis (RBH) suggests that farms will take less business risk as theirfinancial risk increases, but existing literature provides empirical evidence that the RBH mightbe invalid under certain circumstances. We present a unified

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e4f68e5ca2bd4191a3ed98db31da127e
https://cris.maastrichtuniversity.nl/en/publications/2bb8897f-03af-45d7-a19b-519054591b61

Social Media, News Media and the Stock Market

We study the effect on stock volatility and turnover of coverage by traditional news media and social media. We find that coverage by traditional news media predicts decreases in subsequent volatility and turnover, but coverage by social media predic

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=dris___00893::eb35f98a14b13d58edb6ad19c3d7003e
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2755933

What Makes a Good Trader? On the Role of Intuition and Reflection on Trader Performance

Autor: David Porter, Mark DeSantis, Brice Corgnet

Publikováno v: Journal of Finance, The (AFA)
Journal of Finance, The (AFA), 2018, 73 (3), pp. 1113-1137. ⟨10.1111/jofi.12619⟩

International audience; Using simulations and experiments, we pinpoint two main drivers of trader performance: cognitive reflection and theory of mind. Both dimensions facilitate traders' learning about asset valuation. Cognitive reflection helps tra

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c78ec7610f4d43806ea96d7ee1924e6c
https://halshs.archives-ouvertes.fr/halshs-01364432/file/1627.pdf