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Mental Accounting in Portfolio Choice: Evidence from a Flypaper Effect
Consistent with mental accounting, we document that investors sometimes choose the asset allocation for one account without considering the asset allocation of their other accounts. The setting is a firm that changed its 401(k) matching rules. Initially, 401(k) enrollees chose the allocation of thei...
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| Huvudupphovsmän: | , , |
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| Materialtyp: | Artigo |
| Språk: | Inglês |
| Publicerad: |
2009
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| Ämnen: | |
| Länkar: | https://ncbi.nlm.nih.gov/pmc/articles/PMC2795584/ https://ncbi.nlm.nih.gov/pubmed/20027235 https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1257/aer.99.5.2085 |
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