Investing other people's money

Sascha Füllbrunn, Ola Kvaløy and Wolfgang Luhan
Authors registered in the RePEc Author Service: Ola Kvaløy and Sascha Christian Füllbrunn ()

Chapter 12 in Handbook of Experimental Finance, 2022, pp 132-144 from Edward Elgar Publishing

Abstract: When it comes to risk-taking behavior, experimental economics research is mainly concerned with how people take (financial) risks for themselves. However, a significant part of a financial professional's role is taking financial decisions on behalf of third parties. Experimental finance provides controlled environments to test how remuneration structures affect investment decisions for real people. This chapter discusses recent findings of experimental studies on investment decisions making for other people.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2022
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