Studies of the investor culture of both private and institutional German investors show a clear overweighting of German equity portfolios compared with international equity portfolios. This overweighting does not stop at institutional investors. It reduces returns and leads to increased risks in the long run. Explanations for this lie in heuristics and distorted perceptions, also called home bias and overconfidence effect, which lead to this investor behavior. This article describes these phenomena from the perspective of behavioral economics using heuristics
The purpose of the study is to analyze the impact of behavioral biases—anchoring, loss aversion, ove...
Home bias arises when the actual portfolio of an investor consists of a smaller proportion of foreig...
Professional Doctorate - Doctor of Business Administration (DBA)A large volume of literature identif...
Modern portfolio theory suggests that the best strategy to reduce portfolio risk is to diversify int...
This paper reviews the recent literature on equity home bias {the empirical finding that people over...
Investors reveal a tendency to prefer domestic over foreign equities despite the financial losses. F...
Home bias – the empirical phenomenon that investors assign anomalously high weights to their own dom...
Private investors’ underperformance compared to institutional investors is attributed to a combinati...
Research suggests that informational differences, including familiarity with domestic securities, un...
The conduct of individual investors is heavily influenced by a variety of biases that have been emph...
An empirically well-established finding is that equity portfolios are concentrated in the domestic e...
We postulate that the growing participation of institutional investors in capital markets along with...
This paper examines the relationship between the choice of the destination market for cross-listing ...
This paper examines the relation between the choice of the destination market for cross-listing and ...
The literature on international equity holdings distinguishes between home bias (overweighting of ho...
The purpose of the study is to analyze the impact of behavioral biases—anchoring, loss aversion, ove...
Home bias arises when the actual portfolio of an investor consists of a smaller proportion of foreig...
Professional Doctorate - Doctor of Business Administration (DBA)A large volume of literature identif...
Modern portfolio theory suggests that the best strategy to reduce portfolio risk is to diversify int...
This paper reviews the recent literature on equity home bias {the empirical finding that people over...
Investors reveal a tendency to prefer domestic over foreign equities despite the financial losses. F...
Home bias – the empirical phenomenon that investors assign anomalously high weights to their own dom...
Private investors’ underperformance compared to institutional investors is attributed to a combinati...
Research suggests that informational differences, including familiarity with domestic securities, un...
The conduct of individual investors is heavily influenced by a variety of biases that have been emph...
An empirically well-established finding is that equity portfolios are concentrated in the domestic e...
We postulate that the growing participation of institutional investors in capital markets along with...
This paper examines the relationship between the choice of the destination market for cross-listing ...
This paper examines the relation between the choice of the destination market for cross-listing and ...
The literature on international equity holdings distinguishes between home bias (overweighting of ho...
The purpose of the study is to analyze the impact of behavioral biases—anchoring, loss aversion, ove...
Home bias arises when the actual portfolio of an investor consists of a smaller proportion of foreig...
Professional Doctorate - Doctor of Business Administration (DBA)A large volume of literature identif...