Experience Effects in Finance: Foundations, Applications, and Future Directions
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This article establishes four key findings of the growing literature on experience effects in finance: (1) the long-lasting imprint of past experiences on beliefs and risk taking, (2) recency effects, (3) the domain-specificity of experience effects, and (4) imperviousness to information that is not
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美国国家经济研究局创建时间：
2021-07-01
