Martin Weber

University of Mannheim - Department of Banking and Finance

D-68131 Mannheim

Germany

SCHOLARLY PAPERS

78

DOWNLOADS
Rank 286

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Top 286

in Total Papers Downloads

45,019

CITATIONS
Rank 926

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Top 926

in Total Papers Citations

577

Scholarly Papers (78)

1.
Downloads 3,308 ( 2,366)
Citation 50

Overconfidence and Trading Volume

AFA 2004 San Diego Meetings
Number of pages: 55 Posted: 04 Dec 2003
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 1,578 (8,371)
Citation 50

Abstract:

Overconfidence, Differences of Opinion, Trading Volume, Individual Investors, Investor Behavior, Correlation of Economic and Psychologic Variables, Combination of Experimental and Field Data

Overconfidence and Trading Volume

Geneva Risk and Insurance Review 32(1), June 2007, 1-36.
Number of pages: 51 Posted: 28 Mar 2007 Last Revised: 26 Oct 2007
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 1,053 (15,989)
Citation 50

Abstract:

Overconfidence, Differences of Opinion, Trading Volume, Individual Investors, Investor Behavior, Correlation of Economic and Psychological Variables, Combination of Psychometric Measures of Judgment Biases and Field Data

Overconfidence and Trading Volume

AFA 2004 San Diego Meetings
Number of pages: 55 Posted: 04 Feb 2005
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 633 (33,328)
Citation 50

Abstract:

Overconfidence, Differences of Opinion, Trading Volume, Individual Investors, Investor Behavior, Correlation of Economic and Psychologic Variables, Combination of Experimental and Field Data

Overconfidence and Trading Volume

CEPR Discussion Paper No. 3941
Number of pages: 58 Posted: 13 Aug 2003
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 44 (358,352)
Citation 50
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Abstract:

Overconfidence, differences of opinion, trading volume, individual investors, investor behaviour, correlation of economic and psychological variables, combination of psychometric measures of judgement biases and field data

2.

How Should Individual Investors Diversify? An Empirical Evaluation of Alternative Asset Allocation Policies

Journal of Financial Markets, 19, 62-85
Number of pages: 47 Posted: 13 Sep 2009 Last Revised: 10 Jul 2014
Heiko Jacobs, Sebastian Müller and Martin Weber
University of Mannheim, Finance Department, German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
Downloads 2,921 (1,663)
Citation 4

Abstract:

portfolio theory, household finance, asset allocation, international diversification, heuristics

3.
Downloads 2,326 ( 4,412)

Expected Skewness and Momentum

Number of pages: 40 Posted: 29 Apr 2015 Last Revised: 03 Aug 2016
Heiko Jacobs, Tobias Regele and Martin Weber
University of Mannheim, Finance Department, Allianz SE - Allianz Global Investors Europe and University of Mannheim - Department of Banking and Finance
Downloads 2,326 (4,317)

Abstract:

Momentum, skewness, market efficiency, return predictability, behavioral finance

Expected Skewness and Momentum

CEPR Discussion Paper No. DP10601
Number of pages: 64 Posted: 19 May 2015
Heiko Jacobs, Tobias Regele and Martin Weber
University of Mannheim, Finance Department, Allianz SE - Allianz Global Investors Europe and University of Mannheim - Department of Banking and Finance
Downloads 0
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Abstract:

behavioral finance, market efficiency, momentum, return predictability, skewness

Financial Literacy and Mutual Fund Investments: Who Buys Actively Managed Funds?

Schmalenbach Business Review, Vol. 62, pp. 126-153, April 2010
Number of pages: 37 Posted: 15 Feb 2008 Last Revised: 25 Nov 2013
Sebastian Müller and Martin Weber
German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
Downloads 2,030 (5,433)
Citation 3

Abstract:

Better-than-Average, Financial Literacy, Investor Sophistication, Miscalibration, Mutual Fund Customers, Mutual Funds

Financial Literacy and Mutual Fund Investments: Who Buys Actively Managed Funds?

Schmalenbach Business Review, Vol. 62, pp. 126-153, April 2010
Number of pages: 28 Posted: 11 May 2010
Sebastian Müller and Martin Weber
German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
Downloads 98 (230,864)
Citation 3

Abstract:

Better-than-Average, Financial Literacy, Investor Sophistication, Miscalibration, Mutual Fund Customers, Mutual Funds

5.

True Overconfidence in Interval Estimates: Evidence Based on a New Measure of Miscalibration

Journal of Behavioral Decision Making, Forthcoming
Number of pages: 36 Posted: 03 May 2005 Last Revised: 26 Jun 2012
Markus Glaser, Martin Weber and Thomas Langer
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance and University of Muenster - Finance Center
Downloads 1,728 (6,504)
Citation 3

Abstract:

overconfidence, miscalibration, judgment biases, individual differences, reliability, expert judgment, interval estimates

6.

Managerial Optimism and Corporate Investment: Is the CEO Alone Responsible for the Relation?

AFA 2008 New Orleans Meetings Paper
Number of pages: 45 Posted: 05 Mar 2008 Last Revised: 31 Oct 2008
Markus Glaser, Philipp Schäfers and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), WestLB and University of Mannheim - Department of Banking and Finance
Downloads 1,649 (6,896)
Citation 5

Abstract:

Optimism, corporate investment, investment-cash flow sensitivity, behavioral corporate finance

7.

Individual Investor Sentiment and Stock Returns - What Do We Learn from Warrant Traders?

Number of pages: 34 Posted: 25 Mar 2005 Last Revised: 07 Oct 2009
Markus Glaser, Philipp Schmitz and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Applied Sciences Aachen and University of Mannheim - Department of Banking and Finance
Downloads 1,582 (7,875)
Citation 9

Abstract:

Sentiment, Bank-issued Warrants, Covered Warrants, Individual Investors, Investor Behavior, VAR models, Return Predictability, Stock Index Returns

Why Inexperienced Investors Do Not Learn: They Do Not Know Their Past Portfolio Performance

Finance Research Letters, Vol. 4, No. 4, 2007
Number of pages: 27 Posted: 22 Jul 2007 Last Revised: 28 Sep 2008
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 1,487 (9,236)
Citation 9

Abstract:

Return Estimation, Portfolio Return, Perceived Returns, Self-Assessment, Better Than Average Effect, Overconfidence, Financial Education, Financial Literacy, Learning, Experience

Why Inexperienced Investors do not Learn: They do not Know Their Past Portfolio Performance

Finance Research Letters, Vol. 4, No. 4, pp. 203-216, 2007
Posted: 01 Dec 2007
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance

Abstract:

Return estimation, Portfolio return, Perceived returns, Self-assessment, Better than average effect, Overconfidence, Financial education, Financial literacy, Learning, Experience

9.

How Risky Do I Invest: The Role of Risk Attitudes, Risk Perceptions, and Overconfidence

Decision Analysis, Vol. 7, pp 282-301, 2010
Number of pages: 50 Posted: 01 Aug 2007 Last Revised: 11 Apr 2011
Alen Nosic and Martin Weber
affiliation not provided to SSRN and University of Mannheim - Department of Banking and Finance
Downloads 1,385 (9,819)
Citation 3

Abstract:

Overconfidence, Optimism, Risk Attitude, Risk Perception, Risk Taking, Domain Specificity

Momentum and Turnover: Evidence from the German Stock Market

EFA 2002 Berlin Meetings Presented Paper
Number of pages: 35 Posted: 04 Mar 2002
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 1,073 (15,547)
Citation 8

Abstract:

Momentum and Turnover: Evidence from the German Stock Market

CEPR Discussion Paper No. 3353
Number of pages: 36 Posted: 06 Jun 2002
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 47 (348,448)
Citation 8
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Abstract:

Asset pricing, momentum strategies, return predictability, turnover

Momentum and Turnover: Evidence from the German Stock Market

Schmalenbach Business Review, Vol. 55, pp. 108-135, 2003
Posted: 06 Jun 2003 Last Revised: 18 Apr 2011
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance

Abstract:

Asset Pricing, Momentum, Momentum Strategies, Return Predictability, Turnover, Trading Volume

Can Auditors Be Independent? – Experimental Evidence on the Effects of Client Type

Number of pages: 39 Posted: 04 Aug 2007 Last Revised: 23 May 2012
University of Mainz - Gutenberg School of Economics and Management, University of Mannheim - Department of Banking and Finance and University of Mannheim - Accounting and Taxation
Downloads 1,037 (16,303)

Abstract:

auditor independence, accountability pressure, client retention incentives, oversight board, behavioural experiment

Can Auditors Be Independent? – Experimental Evidence on the Effects of Client Type

European Accounting Review, Forthcoming
Posted: 29 Sep 2011
University of Mainz - Gutenberg School of Economics and Management, University of Mannheim - Department of Banking and Finance and University of Mannheim - Accounting and Taxation

Abstract:

auditor independence, accountability pressure, client retention incentives, oversight board, behavioral experiment

12.

Recovery Rates of Commercial Lending: Empirical Evidence for German Companies

Journal of Banking and Finance, Vol. 33, pp. 505-513, 2009
Number of pages: 45 Posted: 22 Feb 2007 Last Revised: 30 Aug 2012
Jens Grunert and Martin Weber
University of Tuebingen - Department of Banking and University of Mannheim - Department of Banking and Finance
Downloads 974 (16,503)
Citation 15

Abstract:

Credit risk, Bank loans, Recovery rate

13.

Scale Dependence of Overconfidence in Stock Market Volatility Forecasts

Number of pages: 9 Posted: 27 Jun 2007
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance, University of Muenster - Finance Center and Siemens Management Consulting
Downloads 966 (17,587)

Abstract:

Volatility forecast, confidence interval, individual investor, overconfidence

14.

The Role of Non-Financial Factors in Internal Credit Ratings

Journal of Banking and Finance, Vol. 29, No. 2, pp. 509-531, 2005
Number of pages: 31 Posted: 22 Mar 2002 Last Revised: 02 Sep 2009
Jens Grunert, Lars Norden and Martin Weber
University of Tuebingen - Department of Banking, Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 950 (16,486)
Citation 34

Abstract:

Credit risk, Credit ratings, Debt default, Probit analysis

Framing Effects in Stock Market Forecasts: The Difference Between Asking for Prices and Asking for Returns

AFA 2007 Chicago Meetings Paper
Number of pages: 40 Posted: 10 Nov 2005
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance, University of Muenster - Finance Center and Siemens Management Consulting
Downloads 936 (19,062)
Citation 11

Abstract:

Return forecast, volatility forecast, confidence interval, individual investor, overconfidence, expertise, financial education, financial literacy, framing effect, investor surveys

Framing Effects in Stock Market Forecasts: The Difference between Asking for Prices and Asking for Returns

Review of Finance, Vol. 11, pp. 325-357, 2007
Posted: 13 Jun 2007
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance, University of Muenster - Finance Center and Siemens Management Consulting

Abstract:

Return forecast, volatility forecast, confidence interval, individual investor, overconfidence, expertise, financial education, financial literacy, framing effect, investor surveys

16.

Corporate Governance and the Design of Stock Option Contracts

AFA 2007 Chicago Meetings Paper, EFA 2006 Zurich Meetings, Die Betriebswirtschaft, 71, 331-354.
Number of pages: 50 Posted: 24 Oct 2005 Last Revised: 15 Apr 2015
Zacharias Sautner and Martin Weber
Frankfurt School of Finance & Management gemeinnützige GmbH and University of Mannheim - Department of Banking and Finance
Downloads 897 (19,019)
Citation 6

Abstract:

Stock Option Programs, Program Design, Corporate Governance, Empirical Evidence

17.

Who Takes Risks When and Why: Determinants of Changes in Investor Risk Taking

Review of Finance, 17, 847-883, Columbia Business School Research Paper No. 12/29
Number of pages: 58 Posted: 01 Aug 2009 Last Revised: 24 May 2013
Martin Weber, Elke U. Weber and Alen Nosic
University of Mannheim - Department of Banking and Finance, Columbia Business School - Management & Psychology and affiliation not provided to SSRN
Downloads 838 (19,196)
Citation 6

Abstract:

Risk Taking, Risk Return Model, Risk Attitude, Risk Expectation, Return Expectation

18.

Credit Line Usage, Checking Account Activity, and Default Risk of Bank Borrowers

Review of Financial Studies, Vol. 23, pp. 3665-3699, 2010, EFA 2008 Athens Meetings Paper, AFA 2008 New Orleans Meetings Paper
Number of pages: 52 Posted: 06 Mar 2008 Last Revised: 15 Jan 2011
Lars Norden and Martin Weber
Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 749 (24,471)
Citation 18

Abstract:

Banks, Relationship lending, Checking accounts, Lines of credit, Credit ratings, Bankruptcy

19.

Which Past Returns Affect Trading Volume?

Journal of Financial Markets, Vol. 12, pp. 1-31, 2009
Number of pages: 38 Posted: 21 Mar 2005 Last Revised: 18 Apr 2011
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 740 (26,054)
Citation 27

Abstract:

Individual investors, investor behavior, trading volume, stock returns and trading volume, overconfidence, differences of opinion, discount broker, online broker, online banks, panel data, count data

20.

The Role of Experience Sampling and Graphical Displays on One's Investment Risk Appetite

Management Science, 59, 323-340, 2013
Number of pages: 35 Posted: 26 May 2010 Last Revised: 24 May 2013
Goethe University Frankfurt, University of Mannheim - Department of Banking and Finance and Yale School of Management
Downloads 725 (20,818)
Citation 5

Abstract:

Risk Taking, Risk Attitude, Risk Perception, Presentation Format, Decision Comprehension, Experience-Description Gap

21.

Fundamentals or Market Movements: What Drives the Dividend Decision?

Number of pages: 53 Posted: 24 Aug 2005
x1 x2 and Martin Weber
affiliation not provided to SSRN and University of Mannheim - Department of Banking and Finance
Downloads 686 (27,709)

Abstract:

Dividend Policy, Dividend Increases, Market Movements

22.

Loan Growth and Riskiness of Banks

Journal of Banking and Finance, Vol. 34, pp. 2929-2940, 2009
Number of pages: 38 Posted: 04 Dec 2007 Last Revised: 31 Jan 2012
Daniel Foos, Martin Weber and Lars Norden
Deutsche Bundesbank, University of Mannheim - Department of Banking and Finance and Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV)
Downloads 634 (29,981)
Citation 13

Abstract:

Bank lending, Credit risk, Loan losses, Bank profitability, Bank solvency

On the Trend Recognition and Forecasting Ability of Professional Traders

Number of pages: 49 Posted: 18 Jun 2007 Last Revised: 21 Jan 2008
Markus Glaser, Martin Weber and Thomas Langer
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance and University of Muenster - Finance Center
Downloads 601 (35,703)
Citation 6

Abstract:

trend recognition, forecasting, conservatism, overconfidence, professionals, financial modeling

On the Trend Recognition and Forecasting Ability of Professional Traders

CEPR Discussion Paper No. 3904
Number of pages: 34 Posted: 27 Jun 2003
Markus Glaser, Martin Weber and Thomas Langer
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance and University of Muenster - Finance Center
Downloads 32 (404,514)
Citation 6
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Abstract:

Trend recognition, forecasting, conservatism, overconfidence, professionals, financial modelling

On the Trend Recognition and Forecasting Ability of Professional Traders

Decision Analysis, Vol. 4, No. 4, pp. 176-193, 2007
Posted: 16 Jan 2008
Markus Glaser, Martin Weber and Thomas Langer
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance and University of Muenster - Finance Center

Abstract:

trend recognition, forecasting, conservatism, overconfidence, professionals, financial modeling

24.

5, 10, or 15: Maturity Choice of Private Mortgage Borrowers

Number of pages: 38 Posted: 31 Jan 2013
Ulrich Seubert and Martin Weber
University of Mannheim - Department of Banking and Finance and University of Mannheim - Department of Banking and Finance
Downloads 582 (34,428)

Abstract:

Household Finance, Mortgage Choice, Fixed Rate Mortgage, Adjustable Rate Mortgage

25.

Losing Sight of the Trees for the Forest? Attention Allocation and Anomalies

Quantitative Finance, Forthcoming
Number of pages: 36 Posted: 18 Mar 2012 Last Revised: 20 Jun 2016
Heiko Jacobs and Martin Weber
University of Mannheim, Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 547 (40,983)

Abstract:

Behavioral finance, return predictability, limited attention, attention allocation, anomalies

September 11 and Stock Return Expectations of Individual Investors

Review of Finance, Vol. 9, No. 2, p. 243-279, 2005
Number of pages: 52 Posted: 01 Dec 2005 Last Revised: 12 Feb 2009
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance
Downloads 526 (42,585)
Citation 15

Abstract:

Return Expectations, Volatility Forecasts, Overconfidence, Differences of Opinion, Confidence Intervals, Forecasting, Individual Investors, September 11

September 11 and Stock Return Expectations of Individual Investors

Review of Finance, Vol. 9, No. 2, pp. 243-279, 2005
Posted: 01 Sep 2008
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance

Abstract:

27.

On the Determinants of Pairs Trading Profitability

Journal of Financial Markets, Forthcoming
Number of pages: 44 Posted: 06 Jan 2015
Heiko Jacobs and Martin Weber
University of Mannheim, Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 508 (18,957)
Citation 1

Abstract:

Pairs trading, relative-value arbitrage, return predictability, international stock markets, limited attention, limits to arbitrage

28.

Opening the Black Box: From an Individual Bias to Portfolio Performance

Number of pages: 46 Posted: 01 Aug 2009 Last Revised: 16 Mar 2012
Alen Nosic, Martin Weber and Markus Glaser
affiliation not provided to SSRN, University of Mannheim - Department of Banking and Finance and Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management)
Downloads 506 (42,780)

Abstract:

Overreaction, Underreaction, Overconfidence, Miscalibration, Portfolio Performance, Portfolio Risk, Risk Taking, Sharpe Ratio

29.

Volatility Inadaptability: Investors Care About Risk, But Can't Cope with Volatility

Review of Finance (Forthcoming)
Number of pages: 50 Posted: 13 Oct 2011 Last Revised: 12 Jun 2013
University of Mannheim - Department of Banking and Finance, Goethe University Frankfurt and University of Mannheim - Department of Banking and Finance
Downloads 471 (45,600)

Abstract:

portfolio choice, portfolio selection, risk-taking, volatility, volatility inadaptability

30.

What Determines How Top Managers Value Their Stock Options?

Number of pages: 34 Posted: 04 Jul 2008 Last Revised: 12 Sep 2010
Zacharias Sautner, Martin Weber and Markus Glaser
Frankfurt School of Finance & Management gemeinnützige GmbH, University of Mannheim - Department of Banking and Finance and Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management)
Downloads 440 (51,170)
Citation 3

Abstract:

Executive Stock Options, Subjective Option Values, Optimism, Overconfidence, Miscalibration

31.

The Trading Volume Impact of Local Bias: Evidence from a Natural Experiment

Review of Finance, 16, 867-901.
Number of pages: 49 Posted: 27 Dec 2009 Last Revised: 11 Jun 2013
Heiko Jacobs and Martin Weber
University of Mannheim, Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 414 (52,355)
Citation 5

Abstract:

Local bias, trading activity, investor recognition, investor distraction, holiday effect, natural experiment

32.

Splitting the Disposition Effect: Asymmetric Reactions Towards 'Selling Winners' and 'Holding Losers'

Number of pages: 32 Posted: 25 Jul 2008
Martin Weber and Frank Welfens
University of Mannheim - Department of Banking and Finance and University of Mannheim
Downloads 412 (50,607)

Abstract:

Decision analysis: Risk, Decision analysis: Sequential

Time Inconsistent Preferences and the Annuitization Decision

Journal of Economic Behavior and Organization, Vol. 129, 2016
Number of pages: 67 Posted: 15 Feb 2013 Last Revised: 10 Sep 2016
Philipp Schreiber and Martin Weber
University of Mannheim - Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 404 (59,288)

Abstract:

Annuity Puzzle, annuities, Longevity Risk, insurance, Behavioral Finance, Household Finance, Survey Study

Time Inconsistent Preferences and the Annuitization Decision

CEPR Discussion Paper No. DP10383
Number of pages: 62 Posted: 02 Feb 2015
Philipp Schreiber and Martin Weber
University of Mannheim - Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 1 (583,631)
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Abstract:

annuities, annuity puzzle, behavioral finance, insurance, longevity risk, survey study

34.

True Overconfidence: The Inability of Rational Information Processing to Account for Apparent Overconfidence

Organizational Behavior and Human Decision Processes, Vol. 116, No. 2, pp. 262-271
Number of pages: 43 Posted: 06 Apr 2009 Last Revised: 08 Feb 2012
Christoph Merkle and Martin Weber
Kuehne Logistics University and University of Mannheim - Department of Banking and Finance
Downloads 399 (55,145)
Citation 2

Abstract:

Overconfidence, Better-than-average effect, Overplacement, Bayesian updating, Belief distribution

35.

How Do Managers Behave in Stock Option Plans? Clinical Evidence from Exercise and Survey Data

Journal of Financial Research, 32, 2009, 123-155
Number of pages: 40 Posted: 13 Mar 2006 Last Revised: 04 Feb 2014
Martin Weber and Zacharias Sautner
University of Mannheim - Department of Banking and Finance and Frankfurt School of Finance & Management gemeinnützige GmbH
Downloads 390 (60,796)
Citation 4

Abstract:

Employee Stock Options, Exercise Behavior, Stock Selling Behavior, Correlation of Economic

36.

Overreaction in Stock Forecasts and Prices

Number of pages: 43 Posted: 02 Aug 2009
Alen Nosic and Martin Weber
affiliation not provided to SSRN and University of Mannheim - Department of Banking and Finance
Downloads 342 (70,448)
Citation 2

Abstract:

overreaction, underreaction, market experiment, differences of opinion, trading volume

37.

How do Markets React to Fundamental Shocks? An Experimental Analysis on Underreaction and Momentum

Number of pages: 52 Posted: 20 Oct 2007
Frank Welfens and Martin Weber
University of Mannheim and University of Mannheim - Department of Banking and Finance
Downloads 312 (71,358)
Citation 2

Abstract:

momentum, disposition effect, market experiment

38.

Do Changes in Reporting Frequency Really Influence Investors’ Risk Taking Behavior? Myopic Loss Aversion Revisited

Number of pages: 29 Posted: 20 Mar 2011 Last Revised: 18 Jun 2014
Stefan Zeisberger, Thomas Langer and Martin Weber
Radboud University Nijmegen, University of Muenster - Finance Center and University of Mannheim - Department of Banking and Finance
Downloads 305 (57,581)
Citation 1

Abstract:

myopic loss aversion, Prospect Theory, repeated investing, experimental economics

Funding Modes of German Banks: Structural Changes and its Implications

Journal of Financial Services Research, Vol. 38, pp. 69-93, 2010
Number of pages: 43 Posted: 13 Apr 2005 Last Revised: 31 Jan 2012
Lars Norden and Martin Weber
Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 275 (92,610)
Citation 2

Abstract:

Universal banking, Deposit taking, Interbank markets, Disintermediation

Funding Modes of German Banks: Structural Changes and its Implications

CEPR Discussion Paper No. 5027
Number of pages: 45 Posted: 12 Sep 2005
Martin Weber and Lars Norden
University of Mannheim - Department of Banking and Finance and Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV)
Downloads 14 (502,793)
Citation 2
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Abstract:

Banks, deposit taking, disintermediation, panel analysis

40.

Do Investors Put Their Money Where Their Mouth Is? Stock Market Expectations and Investing Behavior

Journal of Banking and Finance, Vol. 46, pp. 372-386.
Number of pages: 46 Posted: 18 Mar 2011 Last Revised: 21 Aug 2014
Christoph Merkle and Martin Weber
Kuehne Logistics University and University of Mannheim - Department of Banking and Finance
Downloads 267 (85,786)
Citation 3

Abstract:

Expectations, Beliefs, Risk, Return, Trading Behavior, Portfolio Choice

41.

Why Does Myopia Decrease the Willingness to Invest? Is it Myopic Loss Aversion or Myopic Loss Probability Aversion?

Theory and Decision, Vol. 72, pp, 35-50, 2012
Number of pages: 21 Posted: 11 Nov 2009 Last Revised: 28 Nov 2011
Stefan Zeisberger, Thomas Langer and Martin Weber
Radboud University Nijmegen, University of Muenster - Finance Center and University of Mannheim - Department of Banking and Finance
Downloads 263 (92,743)

Abstract:

myopic loss aversion, Prospect Theory, repeated investing, experimental economics

Heterogeneity of Investors and Asset Pricing on a Risk-Value World

EFMA 2002 London Meetings
Number of pages: 52 Posted: 13 Jun 2002
Guenter Franke and Martin Weber
University of Konstanz - Department of Economics and University of Mannheim - Department of Banking and Finance
Downloads 241 (106,501)
Citation 2

Abstract:

Decision Making Under Risk, Asset Pricing, Convexity of Pricing Kernel, Heterogeneity of Investors

Heterogeneity of Investors and Asset Pricing on a Risk-Value World

CEPR Discussion Paper No. 3832
Number of pages: 59 Posted: 13 May 2003
Guenter Franke and Martin Weber
University of Konstanz - Department of Economics and University of Mannheim - Department of Banking and Finance
Downloads 22 (456,051)
Citation 2
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Abstract:

Heterogeneity of investors, asset pricing, decision-making under risk, convexity of pricing kernel

43.

Second-order Beliefs and the Individual Investor

Journal of Economic Behavior and Organization, 2014, Vol. 107(B), pp. 652-666.
Number of pages: 31 Posted: 17 Mar 2010 Last Revised: 17 Dec 2014
Daniel P. Egan, Christoph Merkle and Martin Weber
Betterment.com, Kuehne Logistics University and University of Mannheim - Department of Banking and Finance
Downloads 250 (76,146)
Citation 1

Abstract:

Expectations, Naive Realism, Stock-Market, Second-Order-Beliefs, False Consensus E ffect, Bias Blind Spot, Beauty Contest

44.

Investment Decisions and Time Horizon: Risk Perception and Risk Behavior in Repeated Gambles

Management Science, Vol. 51, pp. 1777-1790, 2005
Number of pages: 28 Posted: 17 Nov 2008 Last Revised: 31 Aug 2011
Alexander Klos, Elke U. Weber and Martin Weber
University of Mannheim - Department of Business Administration and Finance, especially Banking, Columbia Business School - Management & Psychology and University of Mannheim - Department of Banking and Finance
Downloads 235 (106,486)
Citation 6

Abstract:

The Perception of Dependence, Investment Decisions, and Stock Prices

Number of pages: 87 Posted: 29 Feb 2016 Last Revised: 24 Mar 2017
Michael Ungeheuer and Martin Weber
Aalto University School of Business and University of Mannheim - Department of Banking and Finance
Downloads 223 (115,089)

Abstract:

Biased Beliefs, Dependence, Investment Decisions, Correlation Neglect, Diversification, Asset Pricing

The Perception of Dependence and Investment Decisions

CEPR Discussion Paper No. DP11188
Number of pages: 67 Posted: 18 Apr 2016
Michael Ungeheuer and Martin Weber
Aalto University School of Business and University of Mannheim - Department of Banking and Finance
Downloads 0
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Abstract:

Biased Beliefs, Correlation Neglect, Dependence, Diversification, Investment Decisions, Risk Taking

The Perception of Dependence, Investment Decisions, and Stock Prices

CEPR Discussion Paper No. DP11585
Number of pages: 82 Posted: 24 Oct 2016
Michael Ungeheuer and Martin Weber
Aalto University School of Business and University of Mannheim - Department of Banking and Finance
Downloads 0
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Abstract:

Asset Pricing, Biased Beliefs, Correlation Neglect, Dependence, Diversification, Investment Decisions

46.

When Risk and Return are Not Enough: The Role of Loss Aversion in Private Investors' Choice of Mutual Fund Fee Structures

Number of pages: 51 Posted: 18 Apr 2013 Last Revised: 14 Jul 2014
Christian Ehm, Sebastian Müller and Martin Weber
University of Mannheim - Department of Banking and Finance, German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
Downloads 222 (92,351)

Abstract:

Hedge funds, mutual funds, fees, performance fees, incentive fees, loss aversion

47.

The Follow-On Purchase and Repurchase Behavior of Individual Investors: An Experimental Investigation

Die Betriebswirtschaft, Vol. 71, pp. 139-154, 2011
Number of pages: 37 Posted: 20 Oct 2007 Last Revised: 21 May 2014
Martin Weber and Frank Welfens
University of Mannheim - Department of Banking and Finance and University of Mannheim
Downloads 222 (101,699)
Citation 2

Abstract:

Repurchase, Counterfactual Thinking, Experiment

Evaluating the Rating of Stiftung Warentest: How Good are Mutual Fund Ratings and Can They Be Improved?

European Financial Management, 20 (2014), 207-235
Number of pages: 43 Posted: 19 Mar 2011 Last Revised: 03 Mar 2015
Sebastian Müller and Martin Weber
German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
Downloads 221 (116,149)

Abstract:

mutual funds, performance evaluation, performance persistence, mutual fund ratings, active management

Evaluating the Rating of Stiftung Warentest: How Good are Mutual Fund Ratings and Can They Be Improved?

European Financial Management, Vol. 20, Issue 2, pp. 207-235, 2014
Number of pages: 29 Posted: 15 Mar 2014
Sebastian Müller and Martin Weber
German Graduate School of Management and Law and University of Mannheim - Department of Banking and Finance
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Abstract:

mutual funds, performance evaluation, performance persistence, mutual fund ratings, active management

49.

Why do Shareholders Tender? Shareholder Reactions to Tender Offers: Evidence from Germany

U of Mannheim Finance Working Paper No. 2006-02
Number of pages: 41 Posted: 27 Sep 2006
Silvia Elsland and Martin Weber
University of Mannheim and University of Mannheim - Department of Banking and Finance
Downloads 188 (132,711)

Abstract:

Tender offers, tendering behavior

Communicating Asset Risk: How Name Recognition and the Format of Historic Volatility Information Affect Risk Perception and Investment Decisions

Risk Analysis, Vol. 25, No. 3, 2005
Number of pages: 14 Posted: 17 Nov 2008 Last Revised: 31 Aug 2011
Columbia Business School - Management & Psychology, University of Mannheim and University of Mannheim - Department of Banking and Finance
Downloads 165 (153,059)
Citation 12

Abstract:

Behavioral finance, home bias, portfolio decisions, risk perception, volatility forecasts

Communicating Asset Risk: How Name Recognition and the Format of Historic Volatility Information Affect Risk Perception and Investment Decisions

Risk Analysis, Vol. 25, No. 3, pp. 597-609, June 2005
Number of pages: 14 Posted: 07 Nov 2006
Columbia Business School - Management & Psychology, University of Mannheim and University of Mannheim - Department of Banking and Finance
Downloads 12 (514,391)
Citation 12
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Abstract:

51.

Buying and Selling Behavior of Individual Investors in Option-Like Securities

DBW - Die Betriebswirtschaft, Vol. 72, pp. 409-426
Number of pages: 34 Posted: 03 Jun 2012 Last Revised: 26 May 2014
Philipp Schmitz and Martin Weber
University of Applied Sciences Aachen and University of Mannheim - Department of Banking and Finance
Downloads 123 (158,751)
Citation 6

Abstract:

Individual Investors, Trading Behavior, Negative Feedback Trading, Disposition Effect, Bank-issued Warrants

52.

Focusing on Volatility Information Instead of Portfolio Weights as an Aid to Investor Decisions

Number of pages: 39 Posted: 09 Oct 2014 Last Revised: 01 Aug 2017
University of Mannheim - Department of Banking and Finance, Goethe University Frankfurt and University of Mannheim - Department of Banking and Finance
Downloads 118 (114,597)

Abstract:

portfolio choice, risk-taking, volatility inadaptability, risk perception, 1/n heuristic

53.

Sometimes Less Is More – The Influence of Information Aggregation on Investment Decisions

Journal of Economic Behavior and Organization, Forthcoming
Number of pages: 34 Posted: 12 Oct 2012 Last Revised: 14 Aug 2013
Christine Laudenbach and Martin Weber
Goethe University Frankfurt and University of Mannheim - Department of Banking and Finance
Downloads 95 (204,882)

Abstract:

risk taking, investment decision, information aggregation, framing

54.

Fooled by Randomness: Investor Perception of Fund Manager Skill

Review of Finance, 2016, Forthcoming.
Posted: 09 Sep 2014 Last Revised: 17 Feb 2016
Justus Heuer, Christoph Merkle and Martin Weber
University of Mannheim - Finance Area, Kuehne Logistics University and University of Mannheim - Department of Banking and Finance

Abstract:

Mutual Fund Performance, Skill, Luck, Return Chasing, False Discovery

55.

The Comovement of Credit Default Swap, Bond and Stock Markets: An Empirical Analysis

CEPR Discussion Paper No. 4674
Number of pages: 45 Posted: 16 Dec 2004
Martin Weber and Lars Norden
University of Mannheim - Department of Banking and Finance and Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV)
Downloads 90 (242,655)
Citation 68
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Abstract:

Credit risk, credit spreads, credit derivatives, lead-lag relationship

56.

False Consensus and the Role of Ambiguity in Predictions of Others' Risky Preferences

Number of pages: 44 Posted: 09 Aug 2008
Sina Borgsen and Martin Weber
University of Mannheim - Department of Business Administration and Finance, especially Banking and University of Mannheim - Department of Banking and Finance
Downloads 86 (242,655)

Abstract:

Risk Attitude, Ambiguity, False Consensus Effect, Prediction Error

57.

Informational Efficiency of Credit Default Swap and Stock Markets: The Impact of Credit Rating Announcements

CEPR Discussion Paper No. 4250
Number of pages: 45 Posted: 19 Mar 2004
Lars Norden and Martin Weber
Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 82 (257,205)
Citation 78
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Abstract:

Credit ratings, credit default swaps, informational efficiency, event study

58.

Payout Policy and Owners’ Interests: Evidence from German Savings Banks

Kredit und Kapital, Vol. 43, pp 39-63, 2010 , ZEW - Centre for European Economic Reseach Working Paper No.05-59
Number of pages: 25 Posted: 24 Aug 2005 Last Revised: 10 Apr 2011
Volker Kleff and Martin Weber
affiliation not provided to SSRN and University of Mannheim - Department of Banking and Finance
Downloads 81 (251,541)

Abstract:

Savings banks, Germany, payout policy

59.

Framing and Retirement Age: The Gap between Willingness-to-Accept and Willingness-to-Pay

Forthcoming in Economic Policy. Version presented at the 64th Panel Meeting of Economic Policy, October 2016.
Number of pages: 69 Posted: 09 Apr 2014 Last Revised: 12 May 2017
Kuehne Logistics University, University of Mannheim - Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 57 (199,664)

Abstract:

Retirement Decision, Willigness-to-pay, Willigness-to-accept, Social Security

60.

Choice-Based Elicitation and Decomposition of Decision Weights for Gains and Losses Under Uncertainty

CEPR Discussion Paper No. 3756
Number of pages: 31 Posted: 21 Mar 2003
Grope de Recherche sur le Risque, l'Informatin et la Décision (GRID), affiliation not provided to SSRN and University of Mannheim - Department of Banking and Finance
Downloads 33 (387,082)
Citation 21
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Abstract:

Decision under uncertainty (ambiguity), choquet expected utility, cumulative prospect theory, decision weights, subjective probabilities, probability weighting

61.

Failure to Delegate

Number of pages: 50 Posted: 15 Mar 2015
Daniel Dorn and Martin Weber
Drexel University - Department of Finance and University of Mannheim - Department of Banking and Finance
Downloads 31 (286,553)

Abstract:

Individual investors, portfolio choice, delegated investing, equity portfolio diversification, financial crisis

62.

The Role of Non-financial Factors on Internal Credit Ratings

CEPR Discussion Paper No. 3415
Number of pages: 36 Posted: 06 Aug 2002
Jens Grunert, Lars Norden and Martin Weber
University of Tuebingen - Department of Banking, Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 30 (403,206)
Citation 30
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Abstract:

Credit risk, credit ratings, debt default, probit analysis

63.

Does Binding of Feedback Influence Myopic Loss Aversion? An Experimental Analysis

CEPR Discussion Paper No. 4084
Number of pages: 21 Posted: 02 Dec 2003
Martin Weber and Thomas Langer
University of Mannheim - Department of Banking and Finance and University of Muenster - Finance Center
Downloads 22 (441,756)
Citation 5
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Abstract:

Intertemporal decision-making, myopic loss aversion, feedback frequency, length of commitment, evaluation period

64.

Information Aggregation with Random Ordering: Cascades and Overconfidence

The Economic Journal, Vol. 113, pp. 166-189, 2003
Number of pages: 24 Posted: 08 Mar 2003
Markus Noeth and Martin Weber
University of Hamburg and University of Mannheim - Department of Banking and Finance
Downloads 15 (478,302)
Citation 2
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Abstract:

65.

The Co-Movement of Credit Default Swap, Bond and Stock Markets: An Empirical Analysis

European Financial Management, Vol. 15, Issue 3, pp. 529-562, June 2009
Number of pages: 34 Posted: 27 May 2009
Lars Norden and Martin Weber
Brazilian School of Public and Business Administration (EBAPE), Getulio Vargas Foundation (FGV) and University of Mannheim - Department of Banking and Finance
Downloads 2 (544,851)
Citation 69
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Abstract:

66.

Expected Skewness and Momentum

CEPR Discussion Paper No. DP11455
Number of pages: 43 Posted: 30 Aug 2016
Tobias Regele and Martin Weber
Allianz SE - Allianz Global Investors Europe and University of Mannheim - Department of Banking and Finance
Downloads 0 (544,851)
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Abstract:

behavioral finance, Market Efficiency, Momentum, return predictability, Skewness

67.

The Influence of Time Preferences on Retirement Timing

Number of pages: 54 Posted: 11 May 2016 Last Revised: 03 Jun 2017
Philipp Schreiber and Martin Weber
University of Mannheim - Finance Department and University of Mannheim - Department of Banking and Finance
Downloads 0 (114,095)

Abstract:

Retirement Timing, Time Preferences, Hyperbolic Discounting, Social Security

68.

Thinking about Prices versus Thinking about Returns in Financial Markets

Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 70 Posted: 20 Mar 2016 Last Revised: 20 Nov 2016
Markus Glaser, Zwetelina Iliewa and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), Centre for European Economic Research (ZEW) and University of Mannheim - Department of Banking and Finance
Downloads 0 (110,217)

Abstract:

expected returns, information presentation, question format, judgmental forecasting, professional forecasters

69.

The Impact of Direct Cash Payments on Whole Blood Supply

Number of pages: 46 Posted: 29 Feb 2016 Last Revised: 09 Aug 2017
University of Mannheim - Department of Banking and Finance, University of Heidelberg, University of Mannheim - Department of Finance and University of Mannheim - Department of Banking and Finance
Downloads 0 (247,831)

Abstract:

Blood donations, altruism, monetary incentives

70.

Preferences Over Constructed Sequences: Empirical Evidence from Music

Darden Business School Working Paper No. 2724193
Number of pages: 30 Posted: 30 Jan 2016 Last Revised: 25 Jan 2017
Manel Baucells, Daniel Smith and Martin Weber
University of Virginia - Darden School of Business, Independent and University of Mannheim - Department of Banking and Finance
Downloads 0 (257,205)

Abstract:

Intertemporal choice, preferences over sequences, satiation, music concerts, music playlists

71.

Losing Trust in Money Doctors

Number of pages: 38 Posted: 20 Dec 2015 Last Revised: 15 Feb 2017
Daniel Dorn and Martin Weber
Drexel University - Department of Finance and University of Mannheim - Department of Banking and Finance
Downloads 0 (142,281)

Abstract:

household finance, diversfication, delegated investing, stock market participation, financial crisis

72.

Overconfidence

BEHAVIORAL FINANCE: INVESTORS, CORPORATIONS, AND MARKETS, pp. 241-258, H. K. Baker and J. Nofsinger, eds., John Wiley & Sons, Inc., 2010
Posted: 28 May 2011
Markus Glaser and Martin Weber
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management) and University of Mannheim - Department of Banking and Finance

Abstract:

miscalibration, better-than-average effect

73.

Does Commitment or Feedback Influence Myopic Loss Aversion? An Experimental Analysis

Journal of Economic Behavior and Organization, Vol. 67, pp. 810-819, 2008
Posted: 23 Aug 2008
Thomas Langer and Martin Weber
University of Muenster - Finance Center and University of Mannheim - Department of Banking and Finance

Abstract:

Intertemporal decision making; Myopic loss aversion; Feedback frequency; Length of commitment; Evaluation period

74.

Hindsight Bias, Risk Perception and Investment Performance

Management Science, Vol. 55, No. 6, pp. 1018-1029, June 2009
Posted: 09 Aug 2008 Last Revised: 02 Jul 2009
Bruno Biais and Martin Weber
Centre for Economic Policy Research (CEPR) and University of Mannheim - Department of Banking and Finance

Abstract:

75.

Behavioral Finance

HANDBOOK OF JUDGMENT AND DECISION MAKING, D.J. Koehler, N. Harvey, eds., pp. 527-546, Blackwell Publishers, 2004
Posted: 01 Dec 2005
Markus Glaser, Martin Weber and Markus Noeth
Ludwig Maximilian University of Munich - Faculty of Business Administration (Munich School of Management), University of Mannheim - Department of Banking and Finance and University of Hamburg

Abstract:

Behavioral Finance, Overconfidence, Investor Behavior

76.

A Behavioral Model for Asset Allocation

Financial Markets and Portfolio Management, Vol. 17, No. 1, pp. 15-42, 2003
Posted: 12 Sep 2005
Martin Weber
University of Mannheim - Department of Banking and Finance

Abstract:

77.

Framing Effects on Selected Information and Market Behavior - an Experimental Analysis

The Journal of Behavioral Finance, Vol. 6, No. 2, pp. 90-100, 2005
Posted: 18 Mar 2002 Last Revised: 06 Feb 2013
Erich Kirchler, Martin Weber and Boris Maciejovsky
University of Vienna - Faculty of Psychology, University of Mannheim - Department of Banking and Finance and Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics

Abstract:

Financial markets, Prospect theory, Anchoring and adjustment, Experimental economics, Disposition effect

78.

The Impact Of Endowment Framing On Market Prices --- An Experimental Analysis

Economic Behavior & Organization, Vol. 41, No. 2, Feb. 1, 2001
Posted: 28 May 2001
University of Kiel, University of Kiel and University of Mannheim - Department of Banking and Finance

Abstract:

Experimental Markets; Endowment Effect; Framing Effect