Social Motives and Risk-Taking in Investment Decisions
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DOI: 10.1016/j.jedc.2021.104116
Abstract: Abstract A pervasive feature in the finance industry is relative performance, which can include extrinsic (money), intrinsic (self-image), and reputational (status) motives. In this paper, we model a portfolio decision with two assets and investigate… read more here.
Keywords: reputational motives; investment decisions; motives risk; risk taking ... See more keywords