X

Ihre E-Mail wurde erfolgreich gesendet. Bitte prüfen Sie Ihren Maileingang.

Leider ist ein Fehler beim E-Mail-Versand aufgetreten. Bitte versuchen Sie es erneut.

Vorgang fortführen?

Exportieren
  • 1
    Online-Ressource
    Online-Ressource
    Experiments in financial economics (2013)
    Bingley, U.K. :Emerald,
    Details
    UID:
    almahu_9949068931102882
    Umfang: 1 online resource (170 p.)
    ISBN: 9781783501410 (electronic bk.) :
    Serie: Research in experimental economics, v. 16
    Inhalt: Research in experimental economics focuses on laboratory experimental economics, but welcomes work from authors of theoretical, empirical, or field economic research if it would be of interest to the broader experimental economics community. The goal of Research in Experimental Economics is to be complementary with, and not in competition with, traditional journals as outlets for experimental work. Research in Experimental Economics has the freedom to consider papers that may not be appropriate for traditional journals for a variety of reasons. Some examples of these strengths include: theme volumes, replication studies, research which requires longer manuscripts for presentation of data or analysis, and papers on methodological topics. The volumes of Research in Experimental Economics are not tied to specific, recurring conferences. Typically, a volume theme is established with scholars who are willing to serve as volume-specific editors. The only constraint the senior editor places on the volume editors is that the papers should undergo a formal referee process using the same quality standards as traditional journals. Recent topics have included market power, charitable contributions, and field experiments.
    Anmerkung: Includes index. , Experiments in financial economics : an introduction / Sean M. Collins -- Asymmetric information and bank lending : the role of formal and informal institutions (a survey of laboratory research) / Angelina Nikitenko Christie -- Strategic default with social interactions : a laboratory experiment / Jean Paul Rabanal -- Divisible-good uniform price auctions : the role of allocation rules and communication among bidders / Martin Sefton, Ping Zhang -- The dividend puzzle : a laboratory investigation / Sascha Füllbrunn, Ernan Haruvy -- An experimental analysis of myopic loss aversion / Tomoki Kitamura, Munenori Nakasato -- Does everyone accept a free lunch? Decision-making under (almost) zero-cost borrowing / Michael Insler, James Compton, Pamela Schmitt.
    Weitere Ausg.: ISBN 9781783501403
    Sprache: Englisch
    Fachgebiete: Wirtschaftswissenschaften
    RVK:
    QB 100
    RVK:
    QK 600
    Schlagwort(e): Electronic books
    URL: https://www.emerald.com/insight/publication/doi/10.1108/S0193-2306(2013)16
    URL: https://www.emerald.com/insight/publication/doi/10.1108/S0193-2306(2013)16
    URL: Volltext  (lizenzpflichtig)
    URL: Volltext
    URL: Volltext  (URL des Erstveröffentlichers)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    HU Berlin
    FU Berlin
    UB Potsdam
    HTW Berlin
    BTU Cottbus
  • 2
    Online-Ressource
    Online-Ressource
    Chapter 5 The dividend puzzle: A laboratory investigation (2014)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922769940
    ISBN: 9781783501410
    Inhalt: Purpose We investigate the implications of the misalignment between manager and shareholder interests and the effects of initial ownership stakes and reinvestment of unpaid dividends on managerial self-dealing. Methodology We collect and analyze data from controlled laboratory experiments with an experimental setting which captures the role of ownership in managerial considerations. Findings We see the emergence of both investor-aligned outcomes and managerial self-dealing outcomes. We find that increasing managers’ initial endowment of shares makes it harder for managers to coordinate on an outcome and lowers return on investment. Moreover, allowing managers to reinvest unpaid dividends results in a transfer of wealth to management. Research limitations The results and the conclusions are drawn upon data from the particular setting we investigate. Generalizing them beyond the specific setting should be done with caution. Practical implications Higher managerial ownership stake means that managers have a greater incentive to reward shareholders, but we find that it may also imply a more difficult coordination problem between managers – sometimes to the detriment of shareholders. Originality This study is the first to consider the direct relationship between managers’ portfolios and voting decisions regarding dividends and investment levels.
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2014), Seite 87-110, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2014
    In: pages:87-110
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016005
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 3
    Online-Ressource
    Online-Ressource
    Research in experimental economics (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782300
    ISBN: 9781783501410
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite ii, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:ii
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016009
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 4
    Online-Ressource
    Online-Ressource
    Copyright Page (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782289
    ISBN: 9781783501410
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite iv, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:iv
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016011
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 5
    Online-Ressource
    Online-Ressource
    Chapter 2 Asymmetric information and bank lending: The role of formal and informal institutions (a survey of laboratory research) (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782335
    ISBN: 9781783501410
    Inhalt: Purpose To provide a selective review of most recent developments in experimental economics of banking and lending and to summarize and synthesize the experiment designs and results in banking under asymmetric information. Methodology The review includes recently published or working papers (2006–2013) that exclusively employ experimental economics methodology, especially for studying the impact of formal or informal institutions on lending in credit markets. Findings The results of the reviewed experimental studies provide support for the important role of both informal (e.g., relationship banking and reputation) and formal (e.g., third-party enforcement; collateral) institutions and their impact on credit market performance, as well as the importance of studying the interaction of the two types of institutions. Research limitations/implications The number of studies reviewed is fairly small but growing, indicating that this is the area of growing significance. Practical implications Controlled economic experiments are better able to address the questions regarding the direction of causality in empirical relationships. Economic experiments are particularly useful in studying complex markets like credit and capital and in eliciting specific effects of institutions on credit market performance. Such well-established empirical relationships will be able to provide guidance for policy making for financial market reform. Originality/value This is the first review of laboratory research in banking and lending under asymmetric information that aims to call attention to this area of research and serves as a starting point for an interested researcher and provide future direction.
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite 5-30, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:5-30
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016002
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 6
    Online-Ressource
    Online-Ressource
    Chapter 1 Experiments in financial economics: An introduction (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782343
    ISBN: 9781783501410
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite 1-3, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:1-3
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016001
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 7
    Online-Ressource
    Online-Ressource
    List of contributors (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782270
    ISBN: 9781783501410
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite vii, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:vii
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016012
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 8
    Online-Ressource
    Online-Ressource
    Experiments in financial economics (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782319
    ISBN: 9781783501410
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite i, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:i
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016008
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 9
    Online-Ressource
    Online-Ressource
    Chapter 7 Does everyone accept a free lunch? Decision-making under (almost) zero-cost borrowing (2013)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922782327
    ISBN: 9781783501410
    Inhalt: Purpose This chapter examines the debt aversion of a group of college students who have the opportunity to take out a sizable, low-interest, non-credit dependent loan. If the loan is simply invested in low-risk assets, it would effectively yield a free lunch in net interest earnings. Methodology The research uses survey data to examine demographic, socio-economic, personality traits, and other characteristics of those willing and unwilling to accept the loan offer, as well as their intentions of early repayment. Findings Individuals willing to accept the loan tend to have prior debt, longer planning horizons, come from middle-income families, and may have higher cognitive ability. Anticipated early repayment of the loan is more likely among those with prior investments, no prior debt, from STEM majors, with upper income parents, and those who expect to buy a home soon. Research limitations/implications We find no consistent relationships between debt aversion and intellectual ability or gender, but this finding may be hampered by our small sample of female loan-rejecters. Our limited sample size also precludes examining interactions between the dimensions of personality types. Originality We suggest consideration of policies to encourage “smart” borrowing, focusing on the financially disadvantaged, particularly for education loans. This study examines a uniquely occurring natural experiment regarding the opportunity to accept a non-credit dependent loan. Our results describe the behavior of young adults, an infrequently studied yet important segment of the population, especially in the context of borrowing behavior.
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2013), Seite 145-170, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2013
    In: pages:145-170
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016007
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
  • 10
    Online-Ressource
    Online-Ressource
    Chapter 6 An experimental analysis of myopic loss aversion (2014)
    Dazugehörige Titel
    Details
    UID:
    gbv_1922769932
    ISBN: 9781783501410
    Inhalt: Purpose Previous studies showed mixed results as to the cause of myopic loss aversion (MLA). This paper reexamines the main driver of MLA, considering two factors from previous studies and an additional factor. Design/methodology/approach Experimentally investigate whether flexibility of investment, frequency of information feedback, or timing of decision cause MLA. Findings Timing of decision and flexibility of investment explain most differences in subject behavior. Frequency of information feedback makes only a marginal contribution. Originality/value of the paper The differences in subject behavior can be interpreted by a shift in their reference points depending on the difference in flexibility of investment, frequency of information feedback, or timing of decision.
    In: Experiments in financial economics, Bingley, U.K. : Emerald, 2013, (2014), Seite 111-143, 9781783501410
    In: Emerald Group Publishing Limited
    In: year:2014
    In: pages:111-143
    Sprache: Englisch
    DOI: 10.1108/S0193-2306(2013)0000016006
    URL: Volltext  (Deutschlandweit zugänglich)
    Bibliothek Standort Signatur Band/Heft/Jahr Verfügbarkeit
    BibTip Andere fanden auch interessant ...
    Online-Ressource
    Online Zugang
    Open Access Wunsch
    Stabi Berlin
    UB Potsdam
Nichts oder nicht das Richtige gefunden? Für eine Suche/Fernleihbestellung aus dem Ausland nutzen Sie das Suche-Set "KOBV-International" im alten KOBV-Portal.
Schließen ⊗
Diese Webseite nutzt Cookies und das Analyse-Tool Matomo. Weitere Informationen finden Sie auf den KOBV Seiten zum Datenschutz