Familiarity bias and economic decisions: Evidence from a survey experiment
Zhaobo Zhu,
Zhenyan Qi and
Yi Jin
Economics Letters, 2023, vol. 229, issue C
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)
JEL-codes: C93 G34 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:229:y:2023:i:c:s0165176523002227
DOI: 10.1016/j.econlet.2023.111197
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