This paper examines investors’ reference point and satisfaction. We demonstrate that investors’ reference point and satisfaction are heavily affected by stock and market returns. Using an experimental design, we analyze ...

What are the future return expectations of investors after experiencing a gain or loss in the financial market? In this research is the demonstration of no difference in future return beliefs and trading behaviour in a ...

This paper aims to review empirical evidence on savings activity of consumers within the vast different income disbursement frequencies. Through a survey the focus lies on collecting data on saving habits and the variables ...

This experimental paper exhibits how price paths affect forecasting behaviour. In a setting of various charts subjects make predictions. I find that trend continuation and mean reversion are among the major emerging pattern ...

In this research, the influence of financial advice being provided by digital or technological means on investment decisions will be measured through an experiment to see whether portfolio allocation changes based on digital ...

In this study I will shed new light on investors’ satisfaction levels, risk preferences and trading decisions using stock price development patterns. These patterns significantly influence investor satisfaction and behavior. ...

This paper investigates experimentally which characteristics of a financial chart make it being perceived as risky. Based on behavioral finance literature, the authors constructs eleven explanatory variables that could ...