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Do Option-like Incentives Induce Overvaluation?\nEvidence from Experimental Asset Markets
16 references·3 citing·40 second hop
Do Option-like Incentives Induce Overvaluation?\nEvidence from Experimental Asset Markets (2012)Do Option-like Incentives Induce Overvalu…Neglected risks, financial innovation, and financial fragility (2011)Neglected risks, financial in…INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)INDIVIDUAL RISK ATTITUDES: ME…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World? (2007)What Do Laboratory Experiment…Has Finance Made the World Riskier? (2006)Has Finance Made the World Ri…Has Financial Development Made the World Riskier? (2005)Has Financial Development Mad…High‐Water Marks and Hedge Fund Management Contracts (2003)High‐Water Marks and Hedge Fu…Bubbles and Crises (2000)Bubbles and CrisesCostly Search and Mutual Fund Flows (1998)Costly Search and Mutual Fund…Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry (1996)Of Tournaments and Temptation…Risk Taking by Mutual Funds as a Response to Incentives (1995)Risk Taking by Mutual Funds a…Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1991)Bubbles, Crashes, and Endogen…Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1988)Bubbles, Crashes, and Endogen…RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)RISK, UNCERTAINTY, AND DIVERG…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Theory of the Firm (1966)Theory of the FirmFast and Slow Investments in Asset Markets: Influences on Risk Taking (2020)Fast and Slow Investments in …An Experimental Study of Influences of Performance-Related Payments on Timing of Delegated Stock Purchases (2017)An Experimental Study of Infl…When do Structured Funds become too Good to be True? An Experiment (2014)When do Structured Funds beco…Risk as feelings. (2001)A domain‐specific risk‐attitude scale: measuring risk perceptions and risk behaviors (2002)Risk Aversion and Incentive Effects (2002)The Polarizing Impact of Science Literacy and Numeracy on Perceived Climate Change Risks (2012)On the psychology of poverty (2014)Global Evidence on Economic Preferences* (2018)Trust, Reciprocity, and Social History (1995)Economics and Identity* (2000)Gender Differences in Preferences (2009)Determinants of social desirability bias in sensitive surveys: a literature review (2011)oTree - An Open-Source Platform for Laboratory, Online, and Field Experiments (2016)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Pricing of Options and Corporate Liabilities (1973)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Rank-Order Tournaments as Optimum Labor Contracts (1979)Rank-Order Tournaments as Optimum Labor Contracts (1981)Prizes and Incentives in Elimination Tournaments (1985)Mutual Fund Flows and Performance in Rational Markets (2002)Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization (2004)On the Industry Concentration of Actively Managed Equity Mutual Funds (2005)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)On Persistence in Mutual Fund Performance (1997)Herding and Feedback Trading by Institutional and Individual Investors (1999)Mutual Fund Flows and Performance in Rational Markets (2004)Asset Fire Sales (and Purchases) in Equity Markets (2005)The Nature of the Firm (1937)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)Why do firms differ, and how does it matter? (1991)Capital markets research in accounting (2001)Positive Feedback Investment Strategies and Destabilizing Rational Speculation (1990)From Efficient Markets Theory to Behavioral Finance (2003)Field Experiments (2004)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 2011INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES3,906 cited
  • 1977RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION3,714 cited
  • 1998Costly Search and Mutual Fund Flows3,217 cited
  • 2007What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?2,666 cited
  • 1966Theory of the Firm2,288 cited
  • 1995Risk Taking by Mutual Funds as a Response to Incentives1,582 cited
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  • 2005Has Financial Development Made the World Riskier?1,112 cited
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  • 1991Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets916 cited
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  • 2011Neglected risks, financial innovation, and financial fragility742 cited

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  • 2003High‐Water Marks and Hedge Fund Management Contracts595 cited
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    • 2020Fast and Slow Investments in Asset Markets: Influences on Risk Taking2 cited
    • 2017An Experimental Study of Influences of Performance-Related Payments on Timing of Delegated Stock Purchases2 cited
    • 2014When do Structured Funds become too Good to be True? An Experiment1 cited