文章基本信息

标题：Home-Bias Investment Measure: Evidence from a Repeated Experiment in Taiwan
本地全文：下载
作者：Wei-Lung Huang ; Yan-Kai Fu
期刊名称：Journal of Business & Financial Affairs
电子版ISSN：2167-0234
出版年度：2014
卷号：3
期号：1
页码：1-9
DOI：10.4172/2167-0234.1000117
语种：English
出版社：OMICS International
摘要：This study uses repeated experiment to explore the possible reasons of home-bias investment. The results indicated that the reasons for home-bias investment are information asymmetry or familiarity, resulting in over-investment in Taiwanese investment vehicles. The level of home-bias investment changed with the level of information asymmetry changes. A significant difference in home-bias investment was observed for different levels of education, investment experience, age, annual income and annual investment. Moreover, the difference in investment ratio did not change based on different levels of information asymmetry.
关键词：Home-bias investment; Investment portfolio; Experimental questionnaire