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Do Behavioral Biases Vary across Individuals? Evidence from Individual Level 401(k) Data
16 references·16 citing·39 second hopsampled
Do Behavioral Biases Vary across Individuals? Evidence from Individual Level 401(k) Data (2006)Do Behavioral Biases Vary across Individu…Offering versus Choice in 401(k) Plans: Equity Exposure and Number of Funds (2006)Offering versus Choice in 401…Portfolio Choice and Trading in a Large 401(k) Plan (2003)Portfolio Choice and Trading …Limited Asset Market Participation and the Elasticity of Intertemporal Substitution (2002)Limited Asset Market Particip…Gender differences in revealed risk taking: evidence from mutual fund investors (2002)Gender differences in reveale…Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence (2002)Asset Pricing with Heterogene…Naive Diversification Strategies in Defined Contribution Saving Plans (2001)Naive Diversification Strateg…Familiarity Breeds Investment (2001)Familiarity Breeds InvestmentExcessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock (2001)Excessive Extrapolation and t…Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance (2001)Defined Contribution Pensions…Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)Boys will be Boys: Gender, Ov…Taking Stock: Equity‐Based Compensation and the Evolution of Managerial Ownership (2000)Taking Stock: Equity‐Based Co…Mental accounting matters (1999)Mental accounting mattersGender Differences in the Allocation of Assets in Retirement Savings Plans (1998)Gender Differences in the All…Why Should Older People Invest Less in Stocks Than Younger People? (1996)Why Should Older People Inves…Labor supply flexibility and portfolio choice in a life cycle model (1992)Labor supply flexibility and …The Consumption of Stockholders and Non-Stockholders (1990)The Consumption of Stockholde…Influence of risk propensity, behavioural biases and demographic factors on equity investors' risk perception (2022)Influence of risk propensity,…Does Financial Mindfulness Make a Difference? A Nexus of Financial Literacy and Behavioural Biases in Women Entrepreneurs (2022)Does Financial Mindfulness Ma…THE EFFECT OF ATTITUDE, SUBJECTIVE NORMS AND CONTROL OF BEHAVIOR TOWARDS INTENTION IN SHARE INVESTMENT (2020)THE EFFECT OF ATTITUDE, SUBJE…Development and validation of behavioral biases scale: a SEM approach (2020)Development and validation of…Behavior biases and investment decision: theoretical and research framework (2019)Behavior biases and investmen…Individual and peer effects in retirement savings investment choices (2017)Individual and peer effects i…Shareholder nonparticipation in valuable rights offerings: New findings for an old puzzle (2016)Shareholder nonparticipation …Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities (2015)Revisiting the Risk-Neutral A…Investors’ Expertise, Personality Traits and Susceptibility to Behavioral Biases in the Decision Making Process (2015)Investors’ Expertise, Persona…How return and risk experiences shape investor beliefs and preferences (2015)How return and risk experienc…The genetics of investment biases (2014)The genetics of investment bi…Beating competitors to international markets: The value of geographically balanced networks for innovation (2013)Beating competitors to intern…Retirement Saving Choices: Review of the Literature and Policy Implications (2011)Retirement Saving Choices: Re…The Costs of Owning Employer Stocks: Lessons from Taiwan (2008)The Costs of Owning Employer …Individual account investment options and portfolio choice: Behavioral lessons from 401(k) plans (2007)Individual account investment…Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(K) Plans (2004)Individual Account Investment…Why do so Few Hold Stocks? (1995)Gender Differences in Preferences (2009)Strong Evidence for Gender Differences in Risk Taking (2011)An Intertemporal Capital Asset Pricing Model (1973)Asset Prices in an Exchange Economy (1978)The equity premium: A puzzle (1985)Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk (2000)Strategic Asset Allocation (2002)Equity Portfolio Diversification (2008)Prospect Theory: An Analysis of Decision under Risk (1979)The Framing of Decisions and the Psychology of Choice (1981)Prospect theory: An analysis of decision under risk (1988)Time Discounting and Time Preference: A Critical Review (2002)A perspective on judgment and choice: Mapping bounded rationality. (2003)When and Why Incentives (Don't) Work to Modify Behavior (2011)Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)Common risk factors in the returns on stocks and bonds (1993)Investor Psychology and Asset Pricing (2001)Psychology and Economics: Evidence from the Field (2009)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Consumption and Liquidity Constraints: An Empirical Investigation (1989)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Intermediary Asset Pricing (2013)Monetary Policy According to HANK (2018)Domestic Saving and International Capital Flows (1980)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)Home Bias at Home: Local Equity Preference in Domestic Portfolios (1999)How Distance, Language, and Culture Influence Stockholdings and Trades (2001)The determinants of cross-border equity flows (2004)On Persistence in Mutual Fund Performance (1997)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Women in the boardroom and their impact on governance and performance☆ (2009)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Heuristic Decision Making (2010)Sensation Seeking, Overconfidence, and Trading Activity (2009)Gender Diversity and Securities Fraud (2015)Portfolio Choice in the Presence of Housing (2004)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2001Boys will be Boys: Gender, Overconfidence, and Common Stock Investment5,215 cited
  • 1999Mental accounting matters3,344 cited
  • 2001Familiarity Breeds Investment1,920 cited
  • 2001Naive Diversification Strategies in Defined Contribution Saving Plans1,538 cited
  • 1990The Consumption of Stockholders and Non-Stockholders1,289 cited
  • 1992Labor supply flexibility and portfolio choice in a life cycle model1,136 cited
  • 2002Limited Asset Market Participation and the Elasticity of Intertemporal Substitution1,011 cited
  • 1998Gender Differences in the Allocation of Assets in Retirement Savings Plans961 cited
  • 2001Excessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock814 cited
  • 2003Portfolio Choice and Trading in a Large 401(k) Plan777 cited
  • 2000Taking Stock: Equity‐Based Compensation and the Evolution of Managerial Ownership621 cited
  • 2002Gender differences in revealed risk taking: evidence from mutual fund investors559 cited
  • 2002Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence408 cited
  • 1996Why Should Older People Invest Less in Stocks Than Younger People?348 cited
  • 2006Offering versus Choice in 401(k) Plans: Equity Exposure and Number of Funds

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327 cited
  • 2001Defined Contribution Pensions: Plan Rules, Participant Decisions, and the Path of Least Resistance323 cited
  • Cited by

    • 2014The genetics of investment biases147 cited
    • 2019Behavior biases and investment decision: theoretical and research framework138 cited
    • 2013Beating competitors to international markets: The value of geographically balanced networks for innovation114 cited
    • 2015How return and risk experiences shape investor beliefs and preferences112 cited
    • 2007Individual account investment options and portfolio choice: Behavioral lessons from 401(k) plans110 cited
    • 2015Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities65 cited
    • 2022Influence of risk propensity, behavioural biases and demographic factors on equity investors' risk perception61 cited
    • 2020Development and validation of behavioral biases scale: a SEM approach55 cited
    • 2016Shareholder nonparticipation in valuable rights offerings: New findings for an old puzzle52 cited
    • 2004Individual Account Investment Options and Portfolio Choice: Behavioral Lessons from 401(K) Plans45 cited
    • 2015Investors’ Expertise, Personality Traits and Susceptibility to Behavioral Biases in the Decision Making Process42 cited
    • 2011Retirement Saving Choices: Review of the Literature and Policy Implications42 cited
    • 2022Does Financial Mindfulness Make a Difference? A Nexus of Financial Literacy and Behavioural Biases in Women Entrepreneurs41 cited
    • 2017Individual and peer effects in retirement savings investment choices32 cited
    • 2020THE EFFECT OF ATTITUDE, SUBJECTIVE NORMS AND CONTROL OF BEHAVIOR TOWARDS INTENTION IN SHARE INVESTMENT32 cited
    • 2008The Costs of Owning Employer Stocks: Lessons from Taiwan29 cited