Naïve *Buying* Diversification and Narrow Framing by Individual Investors
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We provide the first tests to distinguish whether individual investors equally balance their overall portfolios (nave portfolio diversificationNPD) or engage in nave buying diversification (NBD)equally balancing values in same-day purchases of multiple assets. We find NBD in purchases of multiple
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美国国家经济研究局创建时间：
2019-02-01
