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Peer effects, personal characteristics and asset allocation

By   /  September 14, 2018  /  24-7, 24/7 News, College of Business, Education, Explore - BUSINESS, Explore - Finance-banking, Massey University, MIL NZ OSI, New Zealand, School of Economics and Finance, Tertiary Education  /  Comments Off on Peer effects, personal characteristics and asset allocation

Source: Massey University After family, work colleagues are the key influence on an individual’s investment decisions. By Dr Jasmine Fang Both academic researchers and practitioners know that behavioural biases can drive household financial decisions away from standard finance models, and that people don’t always follow the professional advice they receive. Peer effects have been found […]

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