Exploring Determinants to Explain Aspects of Individual Investors’ Financial Behaviour

Determinants Of Investors Financial Behavior In Tehran Stock Exchange

determinants of investors financial behavior in tehran stock exchange

Risk Perceptions and Financial Decisions of Individual Investors

Myopic loss aversion was suggested by Benartzi and Thaler (1995) as the main explanation for the equity premium puzzle. We investigate the impact of myopic loss aversion on actual investment decisions of 400 Dutch individual investors, covered by the Dutch National Bank Household Survey. We find that higher loss aversion is associated with a lower share of investments in risky assets. The inves...

Organic food: Exploring purchase frequency to explain consumer behaviour

In order to identify some barriers preventing expansion of the organic food market, this paper reviews current literature on consumers’ buying behaviour. This reveals low levels of actual purchasing, yet fails to provide conclusive evidence regarding the reasons. The aim of this paper is to investigate whether an analysis that ‘unbundles’ the homogenous organic consumer based on frequency of pu...

Herding Among Individual Investors

The conjecture that investor sentiment leads important groups of investors to act similarly and thereby affect prices is an important ingredient of models of noise trading and style investing. In contrast to Lakonishok et al. (1992), who find only weak evidence of herding among institutional investors and conjecture that retail investors will herd even less, we document that a sample of over 30...