Social motives and risk-taking in investment decisions

DOI10.1016/j.jedc.2021.104116zbMath1475.91330OpenAlexW3152893291MaRDI QIDQ2246594

Michael Kirchler, Stephanie Rosenkranz, Florian Lindner, Utz Weitzel

Publication date: 16 November 2021

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2021.104116

zbMATH Keywords

behavioral economicssocial statusinvestment gameexperimental financerank incentivesreputational motives

Mathematics Subject Classification ID

Portfolio theory (91G10)

Related Items (1)

Competition and equilibrium effort choice

Uses Software

• Z-Tree
• hroot

Cites Work

• The nature of tournaments
• Do subjects separate (or are they sophisticated)?
• Strive to be first or avoid being last: an experiment on relative performance incentives
• Optimal risk taking in an uneven tournament game with risk averse players
• On the validity of the random lottery incentive system
• Risk and Rationality: Uncovering Heterogeneity in Probability Distortion
• A simple test of expected utility theory using professional traders

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