المؤلفون: Herranz Zarzoso, Noemí

المساهمون: University/Department: Universitat Jaume I. Escola de Doctorat

مرشدي الرسالة: Sabater Grande, Gerardo

المصدر: TDX (Tesis Doctorals en Xarxa)

مصطلحات موضوعية: Experimental economics, Incentives, Risk preferences, Cognitive biases, Framing, Overconfidence, Ciències socials, periodisme i documentació

الوصف: This thesis sheds light on two of the basic pillars of experimental economics: incentives and framing effects in decision making under risk. Experimental economists are strongly convinced of the importance of monetary incentives as a vital tool in order to motivate effort and improve performance. Based on this, the effectiveness of different monetary incentive structures is analysed in order to increase students' academic performance and to study their overconfidence (both about their abilities and their performance). On the other hand, risk attitude is known to be a key determinant of various economic and financial choices, but it is usually measured with tasks that the literature suggests that may suffer from framing effects. Therefore, this investigation revisits framing effects, but taking into account other confounding factors that may have partly contaminated previous results obtained in the literature.

الوصف (مترجم): Esta tesis arroja luz sobre dos pilares básicos de la economía experimental: los incentivos y el efecto “marco” en decisiones bajo riesgo. Los economistas experimentales estamos convencidos de la importancia de los incentivos monetarios como herramienta fundamental para motivar a los sujetos en su esfuerzo y mejorar sus resultados. En base a ello, se analiza la efectividad de diferentes estructuras de incentivos monetarios para incrementar el rendimiento académico de los estudiantes y estudiar su exceso de confianza (tanto sobre sus capacidades como el desempeño de las mismas). Por otro lado, la actitud frente al riesgo es un determinante clave en numerosas decisiones económicas y financieras, pero ésta se mide con tareas que la literatura sugiere que pueden sufrir efectos “marco”. Por ello, esta investigación reconsidera los efectos “marco” teniendo en cuenta factores que podrían confundir y haber contaminado parcialmente los resultados anteriores obtenidos en la literatura.
Programa de Doctorat en Economia i Empresa

وصف الملف: application/pdf

الوصول الحر: http://hdl.handle.net/10803/667657Test

المؤلفون: Sebastião, Helder, Silva, Nuno, Torres, Pedro, Godinho, Pedro

المصدر: Review of Behavioral Finance, 2024, Vol. 16, Issue 4, pp. 620-642.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/RBF-01-2023-0023Test

المؤلفون: Tommasi, Francesco, Sartori, Riccardo, Bollarino, Sara, Ceschi, Andrea

المصدر: Evidence-based HRM: a Global Forum for Empirical Scholarship, 2023, Vol. 12, Issue 2, pp. 271-288.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/EBHRM-11-2022-0267Test

المؤلفون: Souguir, Zahra, Lassoued, Naima, Bouzgarrou, Houssam

المصدر: International Journal of Managerial Finance, 2023, Vol. 20, Issue 3, pp. 768-793.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/IJMF-12-2022-0545Test

المؤلفون: Voon, Jan, Ma, Yiu Chung

المصدر: International Journal of Managerial Finance, 2023, Vol. 20, Issue 3, pp. 722-747.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/IJMF-02-2023-0094Test

المؤلفون: Durga Datt Pathak, Bharat Singh Thapa

المصدر: Investment Management & Financial Innovations, Vol 21, Iss 3, Pp 1-14 (2024)

مصطلحات موضوعية: anchoring and adjustment, availability, investment behavior, market efficiency, Nepal, overconfidence, Finance, HG1-9999

الوصف: Cognitive biases often influence investor behavior in developing capital markets, leading to market anomalies and affecting overall market efficiency. With the increasing integration of global financial markets and the growing participation of retail investors, understanding these biases is more critical than ever. While market anomalies have been extensively studied in developed markets, their influence in developing economies remains under-explored. This study aims to examine the impact of heuristic biases on investment decisions, focusing on Nepal’s stock market. Structural Equation Modeling is used to assess how perceived market efficiency mediates the relationship between heuristic biases and investor behavior. Data were collected from purposively selected 403 active individual investors in Nepal Stock Exchange (NEPSE). The findings reveal that representative and overconfidence biases significantly and positively influence investment decisions and market efficiency. Specifically, investors exhibiting these biases are more likely to make confident and bold investment choices, believing in their ability to predict market movements accurately. Furthermore, the study finds that perceived market efficiency mediates the relationship between anchoring and adjustment bias and investment decisions, suggesting that investors who rely heavily on initial information (anchors) adjust their decisions based on their perceptions of market efficiency. The results highlight the critical role of heuristic biases in shaping investor behavior and stress the importance of market efficiency in this process. The study emphasizes the need to enhance investor awareness of these biases and implement policies to improve market transparency and efficiency. Such measures are vital for mitigating risks and fostering a more robust and resilient financial market in developing economies like Nepal.

وصف الملف: electronic resource

العلاقة: https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/20349/IMFI_2024_03_Pathak.pdfTest; https://doaj.org/toc/1810-4967Test; https://doaj.org/toc/1812-9358Test

الوصول الحر: https://doaj.org/article/cf9d447654e24e3083bd114825a6a667Test

المؤلفون: Soll, Jack B, Palley, Asa, Klayman, Joshua, Moore, Don

مصطلحات موضوعية: Overconfidence, Subjective Probability Distributions, Epistemic Uncertainty, Aleatory Uncertainty, Judgment Elicitation, Calibration

وصف الملف: application/pdf

الوصول الحر: https://escholarship.org/uc/item/3dq9h1k9Test

المؤلفون: Ridho, Wahyu Fahrul

المصدر: Journal of Financial Crime, 2023, Vol. 31, Issue 3, pp. 748-758.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/JFC-05-2023-0124Test

المؤلفون: Carvalho, António, Pacheco, Luís Miguel, Sardo, Filipe, Serrasqueiro, Zelia

المصدر: Journal of Small Business and Enterprise Development, 2024, Vol. 31, Issue 1, pp. 152-173.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/JSBED-07-2023-0319Test

المؤلفون: Schneck, Sebastian, Hautz, Julia

المصدر: Journal of Business Strategy, 2023, Vol. 45, Issue 2, pp. 115-123.

الوصول الحر: http://www.emeraldinsight.com/doi/10.1108/JBS-11-2022-0193Test