Matches in SemOpenAlex for { <https://semopenalex.org/work/W3094995536> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3094995536 abstract "The full-text version of this paper can be found at: https://ssrn.com/abstract=3331243, https://ssrn.com/abstract=3336513, and https://ssrn.com/abstract=3336776. Using an incentivized survey and a representative sample of investors, we elicit ambiguity attitudes toward a familiar company stock, a local stock index, a foreign stock index, and a crypto currency. We separately estimate ambiguity aversion (ambiguity preferences) and perceived ambiguity levels (perceptions about ambiguity), while controlling for unknown likelihood beliefs. We show that ambiguity aversion is highly correlated across different assets and can be summarized by a single underlying factor. By contrast, individuals’ perceived ambiguity levels differ depending on the type of asset and cannot be summarized by a single underlying factor. Perceived ambiguity is mitigated by financial literacy and education, while the preference component is correlated with risk aversion. Perceived ambiguity proves to be related to actual investment choices, validating our measure. Finally, our results imply that policies enhancing financial literacy and knowledge of financial markets can help stimulate equity market participation and reduce inequality, as these reduce peoples’ perceived levels of ambiguity about financial assets." @default.
- W3094995536 created "2020-11-09" @default.
- W3094995536 creator A5014794791 @default.
- W3094995536 creator A5033563362 @default.
- W3094995536 creator A5035656073 @default.
- W3094995536 creator A5047044521 @default.
- W3094995536 date "2019-02-07" @default.
- W3094995536 modified "2023-09-23" @default.
- W3094995536 title "Online Appendix for Ambiguity Attitudes About Investments: Evidence from the Field" @default.
- W3094995536 hasPublicationYear "2019" @default.
- W3094995536 type Work @default.
- W3094995536 sameAs 3094995536 @default.
- W3094995536 citedByCount "0" @default.
- W3094995536 crossrefType "posted-content" @default.
- W3094995536 hasAuthorship W3094995536A5014794791 @default.
- W3094995536 hasAuthorship W3094995536A5033563362 @default.
- W3094995536 hasAuthorship W3094995536A5035656073 @default.
- W3094995536 hasAuthorship W3094995536A5047044521 @default.
- W3094995536 hasConcept C10138342 @default.
- W3094995536 hasConcept C106159729 @default.
- W3094995536 hasConcept C127447990 @default.
- W3094995536 hasConcept C149782125 @default.
- W3094995536 hasConcept C162118730 @default.
- W3094995536 hasConcept C162324750 @default.
- W3094995536 hasConcept C17744445 @default.
- W3094995536 hasConcept C199360897 @default.
- W3094995536 hasConcept C199539241 @default.
- W3094995536 hasConcept C199728807 @default.
- W3094995536 hasConcept C2777941463 @default.
- W3094995536 hasConcept C2780522230 @default.
- W3094995536 hasConcept C41008148 @default.
- W3094995536 hasConceptScore W3094995536C10138342 @default.
- W3094995536 hasConceptScore W3094995536C106159729 @default.
- W3094995536 hasConceptScore W3094995536C127447990 @default.
- W3094995536 hasConceptScore W3094995536C149782125 @default.
- W3094995536 hasConceptScore W3094995536C162118730 @default.
- W3094995536 hasConceptScore W3094995536C162324750 @default.
- W3094995536 hasConceptScore W3094995536C17744445 @default.
- W3094995536 hasConceptScore W3094995536C199360897 @default.
- W3094995536 hasConceptScore W3094995536C199539241 @default.
- W3094995536 hasConceptScore W3094995536C199728807 @default.
- W3094995536 hasConceptScore W3094995536C2777941463 @default.
- W3094995536 hasConceptScore W3094995536C2780522230 @default.
- W3094995536 hasConceptScore W3094995536C41008148 @default.
- W3094995536 hasOpenAccess W3094995536 @default.
- W3094995536 hasRelatedWork W1506069324 @default.
- W3094995536 hasRelatedWork W2056306053 @default.
- W3094995536 hasRelatedWork W2137064003 @default.
- W3094995536 hasRelatedWork W2155819022 @default.
- W3094995536 hasRelatedWork W2248816712 @default.
- W3094995536 hasRelatedWork W2293094749 @default.
- W3094995536 hasRelatedWork W2531167877 @default.
- W3094995536 hasRelatedWork W2586605212 @default.
- W3094995536 hasRelatedWork W2964909450 @default.
- W3094995536 hasRelatedWork W3008152634 @default.
- W3094995536 hasRelatedWork W3121582280 @default.
- W3094995536 hasRelatedWork W3122994001 @default.
- W3094995536 hasRelatedWork W3125559644 @default.
- W3094995536 hasRelatedWork W3126012564 @default.
- W3094995536 hasRelatedWork W3128071677 @default.
- W3094995536 hasRelatedWork W3128569158 @default.
- W3094995536 hasRelatedWork W3130197317 @default.
- W3094995536 hasRelatedWork W3139619118 @default.
- W3094995536 hasRelatedWork W3160125357 @default.
- W3094995536 hasRelatedWork W3193988353 @default.
- W3094995536 isParatext "false" @default.
- W3094995536 isRetracted "false" @default.
- W3094995536 magId "3094995536" @default.
- W3094995536 workType "article" @default.