A Bellofatto, C D'Hondt, R De Winne - Journal of Banking & finance, 2018 - Elsevier
This paper investigates the relationship between subjective financial literacy, ie self-reported by investors, and trading behavior. In particular, we use the level of financial knowledge and …
No trust, no use: how young retail investors build initial trust in financial robo-advisors | Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish with us …
B Guenther, G Lordan - Frontiers in psychology, 2023 - frontiersin.org
The disposition effect is a behavioural finance anomaly that has been observed in many populations including non-professional investors as well as professional investors and has …
Many research papers in household finance utilize annual snapshots of household wealth from administrative data, such as tax registries, to calculate “imputed consumption.” …
Using a novel brokerage dataset covering individual investors' login and stock trading behavior, we investigate the severity of the disposition effect as a function of attention. Our …
S Meyer, M Pagel - The Journal of Finance, 2022 - Wiley Online Library
We analyze how individuals reinvest realized capital gains and losses exploiting plausibly exogenous sales due to mutual fund liquidations. Individuals reinvest 83% if a forced sale …
This paper examines the impact of financial advisors on retail investor behavior in response to an Israeli regulation converting ETNs to ETFs. Our findings demonstrate that transactions …
K Bachmann, T Hens - Journal of Behavioral and Experimental Finance, 2015 - Elsevier
This study evaluates individuals' abilities to avoid investment mistakes driven by behavioral biases and analyzes the relationship between investment competence and the propensity to …
Investing in stocks has become increasingly accessible, with beginners able to start an account via a brokerage's website or mobile app with very little money. Online trading …