Social Transmission Bias and Investor Behavior
收藏NBER2018-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24281
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资源简介：
We offer a new social approach to investment decision making and asset prices. Investors discuss their strategies and convert others to their strategies with a probability that increases in investment returns. The conversion rate is shown to be convex in realized returns. Unconditionally, active
提供机构：
美国国家经济研究局
创建时间：
2018-02-01
