A5047454863- Financial Markets and Investment Strategies
- Market Dynamics and Volatility
- Decision-Making and Behavioral Economics
- Corporate Finance and Governance
- Housing Market and Economics
- Neural dynamics and brain function
- Auction Theory and Applications
- Financial Reporting and Valuation Research
- Complex Systems and Time Series Analysis
- Color Science and Applications
- Monetary Policy and Economic Impact
- Financial Literacy, Pension, Retirement Analysis
- Advanced Memory and Neural Computing
Radboud University Nijmegen
2019-2021
When making investment decisions, people rely heavily on price charts displaying the past performance of an asset. Price can come with any time frame, which provider might strategically choose. We analyze impact frame retail investors' behavior, particularly trading activity and risk-taking, in a controlled experiment 1041 investors. find that shorter frames are associated more activity, resulting higher transaction fees investor welfare losses. However, does not affect average risk-taking.
Companies actively manipulate stock price ranges through IPOs, splits, and repurchases. Indeed, empirical results suggest that the stock's range, whether at a high or low level, affects market performance. Unfortunately, archival data does not allow us to test effect of levels on investor behavior due uncontrolled confound effects. We thus conduct controlled online experiment with 900 US retail investors difference in investor's risk perception, forecast, investment. Even though we find no...
We examine the influence of financial asset historical price path characteristics on investors' risk perception, return beliefs and investment propensity. To that end, we run a series survey experiments in which present various patterns to individuals with vested interest matters. Our findings reveal paths identical daily monthly returns (and consequently standard deviation) can lead substantially different perception by investors, indicating volatility is not sufficient explain perception....
Despite the compelling evidence on gain-loss-domain-dependent behavior, research domaindependent portfolio diversification is scarce. We recruited 251 experienced US retail investors to participate in a controlled experiment. Their task was select portfolios that differ asset correlation and risk measures both gain loss domain. Our findings unveil behavior domain-dependent interacts with level of information aggregation. Presenting aggregated outcomes prompts choices consistent prospect...
When making investment decisions, people heavily rely on price charts displaying the past performance of an asset. Price can come with any time frame, which might be strategically chosen by provider. We analyze impact frame retail investor behavior, particularly trading activity and risk-taking in a controlled experiment 1,041 investors. find that shorter frames are associated more activity, resulting higher transaction fees welfare losses for The has no effect average risk-taking, thereby...
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