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Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect

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NBER2007-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13656
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Consistent with mental accounting, we document that investors sometimes choose the asset allocation for one account without considering the asset allocation of their other accounts. The setting is a firm that changed its 401(k) matching rules. Initially, 401(k) enrollees chose the allocation of
提供机构:
美国国家经济研究局
创建时间:
2007-11-01
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