This study investigates to what extent different dimensions of religiosity are differentially related rejection homosexuality in countries around the world and, moreover, these relationships can be explained by particular mediators: authoritarianism and traditional gender beliefs. The theoretical framework includes socialization integration theories. Hypotheses tested employing multilevel models, using data from World Values Survey, covering 55 for period 2010-2014. results indicate that...

A rich history of theoretical models in finance shows that speculation can lead to overpricing and price bubbles. We provide evidence that, indeed, individual speculative behavior fuels (experimental) asset markets. In a first step, we elicit one-shot setting with novel elicitation task (SET). second use this measure compose dynamic, continuous double auction markets line Smith et al. (Econometrica 56(5):1119–1151, 1988). find significant higher traders who exhibited more the SET. However,...

Bidding above the risk‐neutral Nash equilibrium in first price sealed bid auctions has traditionally been ascribed to risk aversion. Later studies, however, offer other explanations and even argue that aversion plays no or a minor role. In novel experimental design, we directly test relationship between overbidding by systematically varying distribution of attitudes auction markets. We find significant our measure overbidding. ( JEL D44, C91)

We introduce the speculation elicitation task (SET) to measure speculative tendencies of individuals. The resulting SET-score allows us investigate role individual behavior on experimental asset market bubbles. results show that overpricing in markets composed subjects with a high propensity speculate (high SET-score) is significantly higher than low (low SET-score). conclude are an important driver price bubbles markets.

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.

Summary Immigrants right after migration and the change in attitude towards homosexuality In this study we investigate changes among immigrants to Netherlands first years migration. We test possible explanations for an related dynamics integration Netherlands: extent which social contact, media use church attendance are associated attitudes homosexuality. used NORFACE funded Dutch panel data ‘Causes Consequences of Social Cultural Integration Process recent Europe’ (SCIP). Bulgarian, Polish,...

Investors perceive stocks of companies with fluent names as more profitable. This perception may result from two different channels: a direct, non-deliberate affect toward or deliberate interpretation signal for company quality. We use preregistered experiments to disentangle these channels and test their limitations. Our results indicate the existence significant fluency effect, while effect can be activated deactivated in boundary cases. Both effects are consistent across groups...

Investors perceive stocks of companies with fluent names as more profitable. This perception may result from two different channels: a direct, non-deliberate affect toward or deliberate interpretation signal for company quality. We use preregistered experiments to disentangle these channels and test their limitations. Our results indicate the existence significant fluency effect, while effect can be activated in boundary cases. Both effects are consistent across groups participants. However,...

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...

Investors perceive stocks of companies with fluent names as more profitable. Such trade at higher prices, but they also exhibit larger returns. This study aims reconciling this seemingly contradictory finding by experimentally investigating the channel through which name fluency influences return expectations, and we explore robustness limitations effect. Our results indicate that optimistic expectations are driven a positive affect towards company names, naive investors do not interpret...

Investors perceive stocks of companies with fluent names as more profitable. This perception may result from two different channels: direct, non-deliberate affect toward or indirect, deliberate interpretation a signal for company quality. We present preregistered novel experimental design to disentangle these channels and test their limitations. Our results indicate that the direct fluency effect outweighs an indirect effect; is, investors do not treat signals However, whereas is strong in...