文章基本信息

标题：揝prechen Sie Bias??An investigation of cultural differences in behavioral finance biases between Germany and the United States,
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作者：Miriam Sowinski ; Florida State University ; Oliver Schnusenberg 等
期刊名称：Journal of Behavioral Studies in Business
印刷版ISSN：1941-563X
电子版ISSN：1941-5508
出版年度：2010
卷号：3
期号：1
出版社：Academic and Business Research Institute
摘要：Using samples consisting of U.S. and German students, it is investigated whether responses differ in problems involving loss aversion and mental accounting. We also assess whether U.S. and German students respond differently to a cognitive reflection test. The results indicate that the German sample was markedly less biased on questions of economic utility and probabilistic outcomes, and that their responses tended to support expected utility theory. Conversely, it appears that there is little difference between the American and German students in the area of mental accounting. Moreover, the cognitive reflection results indicate that German students are more patient and more reflective in answering the survey.
关键词：behavioral finance, mental accounting, loss aversion, prospect theory, cognitive reflection