Search Results - "Frydman, Cary"
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1
The Psychology and Neuroscience of Financial Decision Making
Published in Trends in cognitive sciences (01-09-2016)“…Financial decisions are among the most important life-shaping decisions that people make. We review facts about financial decisions and what cognitive and…”
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2
Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility
Published in The Journal of finance (New York) (01-04-2014)“…We conduct a study in which subjects trade stocks in an experimental market while we measure their brain activity using functional magnetic resonance imaging…”
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The Impact of Salience on Investor Behavior: Evidence from a Natural Experiment
Published in The Journal of finance (New York) (01-02-2020)“…We test whether the display of information causally affects investor behavior in a highstakes trading environment. Using investor-level brokerage data from…”
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Using Response Times to Infer Others’ Private Information: An Application to Information Cascades
Published in Management science (01-04-2022)“…The standard assumption in social learning environments is that agents learn from others through choice outcomes. We argue that in many settings, agents can…”
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Neural Evidence of Regret and Its Implications for Investor Behavior
Published in The Review of financial studies (01-11-2016)“…We use neural data collected from an experimental asset market to measure regret preferences while subjects trade stocks. When subjects observe a positive…”
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Debiasing the disposition effect by reducing the saliency of information about a stock's purchase price
Published in Journal of economic behavior & organization (01-11-2014)“…The disposition effect refers to the empirical fact that investors have a higher propensity to sell risky assets with capital gains compared to risky assets…”
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Extrapolative Beliefs in Perceptual and Economic Decisions: Evidence of a Common Mechanism
Published in Management science (01-07-2017)“…A critical component of both economic and perceptual decision making under uncertainty is the belief-formation process. However, most research has studied…”
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8
Using Response Times to Infer Others' Private Information: An Application to Information Cascades
Published in Management science (01-04-2022)“…The standard assumption in social learning environments is that agents learn from others through choice outcomes. We argue that in many settings, agents can…”
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Journal Article -
9
Efficient Coding and Risky Choice
Published in The Quarterly journal of economics (01-02-2022)“…Abstract We experimentally test a theory of risky choice in which the perception of a lottery payoff is noisy due to information processing constraints in the…”
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10
Insensitive Investors
Published in The Journal of finance (New York) (01-08-2024)“…ABSTRACT We experimentally study the transmission of subjective expectations into actions. Subjects in our experiment report valuations that are far too…”
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Rolling Mental Accounts
Published in The Review of financial studies (01-01-2018)“…When investors sell one asset and quickly buy another (“reinvestment days”), their trades suggest the original mental account is not closed, but is instead…”
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12
Debiasing the disposition effect by reducing the saliency of information about a stock’s purchase priceα
Published in Journal of economic behavior & organization (01-11-2014)“…The disposition effect refers to the empirical fact that investors have a higher propensity to sell risky assets with capital gains compared to risky assets…”
Get full text
Journal Article -
13
MAOA-L carriers are better at making optimal financial decisions under risk
Published in Proceedings of the Royal Society. B, Biological sciences (07-07-2011)“…Genes can affect behaviour towards risks through at least two distinct neurocomputational mechanisms: they may affect the value assigned to different risky…”
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14
The Speed of Information Revelation and Eventual Price Quality in Markets with Insiders: Comparing Two Theories
Published in Review of Finance (01-01-2014)“…Two theoretical literatures, one using Bayesian Nash equilibrium (BNE), and the other using noisy rational expectations equilibrium (NREE), both provide a…”
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15
Essays in Neurofinance
Published 01-01-2012“…Economists have learned a great deal about investor behavior over the last two decades with the availability of large discount brokerage data sets. While this…”
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Dissertation -
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Essays in Neurofinance
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Dissertation