Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Paul Sengmueller"'
Publikováno v:
Management Science. 61:2376-2393
This paper offers evidence from three different samples consistent with investors substituting between playing the lottery and gambling in financial markets. In the United States, increases in the jackpots of the multistate lotteries Powerball and Me
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::755fb9a137938b4b50bda3639ab3b817
https://doi.org/10.1287/mnsc.2014.1979
https://doi.org/10.1287/mnsc.2014.1979
Autor:
Paul Sengmueller, Daniel Dorn
Publikováno v:
Management Science. 55:591-603
Among 1,000 German brokerage clients for whom both survey responses and actual trading records are available, investors who report enjoying investing or gambling turn over their portfolio at twice the rate of their peers. Including entertainment attr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3d18c2237fbb57f196a94a1ee4b304f0
https://doi.org/10.1287/mnsc.1080.0962
https://doi.org/10.1287/mnsc.1080.0962
Autor:
Gur Huberman, Paul Sengmueller
Publikováno v:
Review of Finance. 8(3):403-443
Participants in 401(k) retirement plans violate the basic principle of diversification by investing significant fractions of their savings in their employers' equity. This paper characterizes investors' active changes to their company stock investmen
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e8df7df44aab849985e46aa6a8ca6f99
http://hdl.handle.net/10.1007/s10679-004-2544-y
http://hdl.handle.net/10.1007/s10679-004-2544-y
Publikováno v:
SSRN Electronic Journal.
This paper offers evidence from two very different settings consistent with individual investors substituting between playing the lottery and playing the stock market. In the U.S., increases in the multi-state lottery jackpots Powerball and Mega-Mill
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::747877d8f605ffadd795339821839921
https://doi.org/10.2139/ssrn.2160996
https://doi.org/10.2139/ssrn.2160996
Autor:
Gur Huberman, Paul Sengmueller
Publikováno v:
SSRN Electronic Journal.
Investors in 401(k) plans violate basic principles of diversification by holding a significant fraction of their savings in the form of their employers' equity. This paper characterizes investors' active changes to their company stock investment over
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0efea0c215bef04f00e07d1ed180a00f
https://doi.org/10.2139/ssrn.423992
https://doi.org/10.2139/ssrn.423992
We examine the ability of a dynamic asset-pricing model to explain the returns on G7-country stock market indices. We extend Campbell's (1996) asset-pricing model to investigate international equity returns. We also utilize and evaluate recent eviden
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::148247cb3bc4131e67d856a649329248
http://www.nber.org/papers/w7157.pdf
http://www.nber.org/papers/w7157.pdf
Publikováno v:
International Finance and Financial Crises ISBN: 9789401057707
We examine the ability of a dynamic asset-pricing model to explain the returns on G7-country stock market indices. We extend Campbell’s (1996) asset-pricing model to investigate international equity returns. We also utilize and evaluate recent evid
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7f0d35ebfb26fbe5e35395daa1ce423d
https://doi.org/10.1007/978-94-011-4004-1_6
https://doi.org/10.1007/978-94-011-4004-1_6