Abstracts - faqs.org

Abstracts

Economics

Search abstracts:
Abstracts » Economics

Illusion of expertise in portfolio decisions: an experimental approach

Article Abstract:

Overconfidence, unrealistic optimism and illusion of control are egocentric biases of an individual, which are examined in financial decision making. A random price mechanism, which is described, shows that subjects prefer their own portfolio to the average or the expert's portfolio.

Author: Guth, Werner, Maciejovsky, Boris, Fellner, Gerlinde
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2004
Behavior Theory, Decision-making, Decision making, Human behavior, Human acts, Human behaviour

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Fairness versus efficiency: An experimental study of (mutual) gift giving

Article Abstract:

Efficiency is a potentially competing concern in games whereas fairness is a strong concern as shown by dictator and ultimatum experiments. The topic is explained with a gift giving procedure, also stating that the gift givers are not in a disadvantage.

Author: Guth, Werner, Ockenfels, Axel, Kliemt, Hartmut
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2003
Gifts, Microeconomics

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Evolutionary parallelism versus co-evolution: a comment on Joseph Henrich

Article Abstract:

The natural biological basis for altruism and non-opportunistic behavior in large-scale interaction among strangers are discussed. The way Joseph Henrich dealt with evolutionary parallelism and co-evolution is presented.

Author: Guth, Werner, Kliemt, Hartmut
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2004
Evaluation, Altruism, Altruism (Human behavior), Social evolution

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United States, Analysis
Similar abstracts:
  • Abstracts: Optimal monetary policy in open versus closed economies: an integrated approach. Black-White earnings differentials: privatization versus deregulation
  • Abstracts: Existence of adaptively stable sunspot equilibria near an indeterminate steady. Informational robustness of competitive equilibria
  • Abstracts: Stock return variation and expected dividends: a time-series and cross- sectional analysis. Problems in measuring portfolio perrformance: an application to contrarian investment strategies
  • Abstracts: Saving and capital market imperfections: the Italian experience. Earnings uncertainty and precautionary saving
  • Abstracts: Explicit solutions to an optimal portfolio choice problem with stochastic income. Optimal portfolio choice for unobservable and regime-switching mean returns
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2023 Advameg, Inc.