Purpose This paper aims to investigate the relationship between investors' demographic
characteristics (age, gender, education level and experience) and their investment decisions …

Investors' decision-making are influenced by certain biases as reported in literature.
Fundamental analysis is based on the assumption that investors think rationally, but in …

This paper provides new evidence on the causes and consequences of herding by
institutional investors. Using a comprehensive database of every transaction made by …

Social trading describes the idea that signal providers make their investment decisions
available to other investors who follow them. The performance of social trading has hardly …

This paper employs a new and comprehensive data set to investigate short‐term herding
behaviour of institutional investors. Using data of all transactions made by financial …

Zusammenfassung Nahezu jede Entscheidung, die Verbraucherinnen und Verbraucher in
für sie zentralen Themenbereichen treffen, erfordert ein gewisses Maß an Vertrauen …

Purpose-This study investigates “the behavioral factors affecting investment decision-
making behavior in a moderating role of financial literacy”. This study has analyzed four …

This study examines the importance and effects of community-based signals when choosing
a trader to copy in a mock-up social trading platform. Although the studies examining the …

This paper sheds new light on herding of institutional investors by using a unique and
superior database that identifies every transaction of financial institutions. First, the analysis …

Die vorliegende Arbeit wurde im Sommersemester 2010 an der Fakultät Sozialund
Wirtschaftwissenschaften der Otto-Friedrich-Universität Bamberg als Dissertation …