When diversification clashes with the reinforcement heuristic: An experimental investigation

I experimentally investigate how diversification decisions are affected by information about historical outcomes. In the experiment, subjects have the opportunity to diversify between two simple binary gambles. When subjects lack information about previous outcomes, a vast majority diversify. By con...

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Detalles Bibliográficos
Autor Principal: Sautua, Santiago-Ignacio
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier B.V. 2020
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22332