Familiarity Bias and Economic Decisions: Evidence from A Survey Experiment

Zhaobo Zhu (), Zhenyan Qi () and Yi Jin
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Zhaobo Zhu: Audencia Business School
Zhenyan Qi: Shenzhen University [Shenzhen]
Yi Jin: MUST - Macau University of Science and Technology

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Abstract: This paper provides experimental evidence that people in China have strong familiarity bias identified by hometown and education locations when making merger and acquisition decisions. Emotions and genders could affect the role of familiarity bias in merger and acquisition decisions.

Keywords: Familiarity bias; Home bias; Emotion; Merger and acquisition decisions (search for similar items in EconPapers)
Date: 2023-05
New Economics Papers: this item is included in nep-cna, nep-exp and nep-ure
Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-04129543
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Published in Economics Letters, 2023, 229, pp.111197. ⟨10.1016/j.econlet.2023.111197⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04129543

DOI: 10.1016/j.econlet.2023.111197

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