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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...

Deskribapen osoa

Gorde:
Xehetasun bibliografikoak
Egile Nagusiak: Choi, James J., Laibson, David, Madrian, Brigitte C.
Formatua: Artigo
Hizkuntza:Inglês
Argitaratua: 2009
Gaiak:
Sarrera elektronikoa: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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