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Understanding Peer Effects in Financial Decisions: Evidence from a Field Experiment

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NBER2012-07-01 更新2025-01-04 收录
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Using a high-stakes field experiment conducted with a financial brokerage, we implement a novel design to separately identify two channels of social influence in financial decisions, both widely studied theoretically. When someone purchases an asset, his peers may also want to purchase it, both

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2012-07-01
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