Seminarthemen FSS2011
http://intfin.bwl.uni-mannheim.de ... argues that the demand of irrational investors is irrelevant for stock prices since it is offset by arbitrageurs, empirical studies ...
intfin.
How do
Executives Exercise Stock Options?∗
Email: klein@bwl.uni-mannheim.de, Tel: +49 621. 181 1974. ... executives exercise their stock options too late compared to what rational undiversified investors ...
cf.
SONDERFORSCHUNGSBEREICH
504 Rationalit¨atskonzepte ...
Bankbetriebslehre, email: weber@bank.bwl.uni- mannheim.de ... Traditional finance theory assumes that agents are rational and the law of one price holds.
www.sfb504.uni-mannheim.de/publications/dp03-14.pdf
Stock Options and
Employee Behavior
BWL.uni- mannheim.de. **Martin Weber, Lehrstuhl für Bankbetriebslehre, ... rational and behavioral factors explain differences in observed exercise behavior ?
www.uni-mannheim.de/cds/cdse/dipa/14.pdf
Why Markets Crash and What Law Can Do
about It Frank Partnoy I ...
speculation was rational because the owner of a single rare bulb could profit from ... (describing tulip speculation as an irrational euphoria or craze) and JOHN ...
www.univie.ac.at/
On the
Size of the Active Management Industry
interest is the role of historical data—how rational investors use it in theory ... Rational investors use historical data to learn about how much they should invest ...bwl.univie.ac.at/fileadmin/user_upload/lehrstuhl.../MgmtIndustry.pdf - - Cached - Similar pagesIntermediaries Revisited: Is Efficient Certification Consistent with ...Sep 8, 2011 ... quality signal because it has rational incentives to maintain a trustworthy .... The Case of the Irrational Auditor: A Behavioral Insight into ...bwl.univie.ac.at/fileadmin/user_upload/.../Profit_maximization.pdf - Similar pagesRational approximations to certain numbersThe exact order of approximation to certain numbers by rational numbers is ..... Bwl].], No. 4, 12-15 (1994). 6. O. Perron, Die Lehre yon den KettenbrEchen, ...
www.springerlink.com/index/M2672021T2178220.pdf
directed
evolution of enzyme - SpringerLink
tion, belongs to "irrational" design of protein that is a new strategy for protein engineering of enzyme ..... Directed evolution of bioaynthetic pathways, I. Bwl. C h . , ...
www.springerlink.com/index/d210lj280nm8wr7k.pdf
Sentiment
dynamics and stock returns: the case of the German stock
...
e-mail: lux@bwl.uni-kiel.de. T. Lux. Kiel Institute for the ... power after decomposing sentiment into rational and irrational components. Rational components are ...
www.springerlink.com/index/30288P555ML271J3.pdf
Anchoring Near
the Lighthouse: Bond Market Analysts' Behavior Co
...
as an explanation of irrational investment behavior, especially in the formation of bubbles ...... Forschung 13, Diskussionsbeiträge des Lehrstuhl für BWL, insbes.
www.eurojournals.com/ejefas_13_14.pdf
The Absent-Minded Prisoner
If one of two rational players is absent-minded for at least three rounds, .... An alternative for cooperation is the existence of irrational or bounded rational players.
www.rsf.uni-greifswald.de/fileadmin/mediapool/Fakult_t/.../14_1998.pdf
Never Change a Winning Team
interpret the long lasting effect of the draft number as a sign of (irrational) regard for sunk ..... Siehe auch unter: http://www.rsf.uni-greifswald.de/bwl/paper.html.
www.rsf.uni-greifswald.de/
Does
the Internet Promote Better Consumer Decisions? The Case of
...
that a rational, price-minimizing consumer should adopt. However, to do so, buyers ... they do not examine whether consumer behavior is rational. (Hann and ...
www.ecm.
Multiple Motives for Organizational
Citizenship Behavior M. Audrey ...
(The rational, self-interested nature of OCB is evident from studies that find greater OCB ... shown to be associated with rational self-interested processing ( see, ...
www.en.cams.
Review of Marketing Science
irrational because this small amount is still better than nothing. This is interpreted as a reaction of punishment to unfair offers. A variant of the Ultimatum Game, ...
www.ecm.
Equity-Pay Design for
Executives
prestige, honor and often a lot of perquisites.44 It is not irrational for such managers to want to avoid risky bets that may jeopardize such positions.
www.wiso.uni-hamburg.de/.../
174-cover for
pdf.indd
See Rakesh Khurana, Searching for a Corporate Savior: The Irrational. Quest for Charismatic CEOs (Cambridge, MA: Harvard Business School Press, 2002), pp ...
www.wiso.uni-hamburg.de/fileadmin/
Norms, standards, rights
by Frank (1987) that the irrationality of passions is necessary to lend credibility to threats to ... 'irrational' passions allow for the reaping of advantages of human ...
www.wiso.uni-hamburg.de/.../
Heat Related Illness:
Recognition, Treatment and Prevention
Minimal Dehydration, as little as 2% of body weight loss (BWL), can hinder performance. ... disorientation, irrational behavior, decreased mental acuity, irritability, ...
www.aoasm.org/handouts/heat.pdf
TITLE OF THE
PAPER
knowledge, knowledge organization, decision making, rational thinking, creative ..... Hochschule St. Gallen. Institut für. BWL. Diskussionsbeiträge. No. 12 ...
www.ebrc.fi/kuvat/370-379_05.pdf
The Name Game
for Contributions – Influence of Labeling and
...
behavior we use the model of a rational utility maximizer described by the economic ... taxpayers behavior from the rational assumptions is also a result of our ...
www.
Arbeitskreis
Quantitative Steuerlehre
From the viewpoint of a rational decision maker, a tax on labor income and a tax .... a tax is irrational since the buyers' share of the tax revenue is always lower ...
www.
Economics
crisis
is only one way to be perfectly rational, this agent is usually ... The dominance of the rational-agent paradigm is .... World Economy. e‑mail: lux@bwl.uni‑kiel.de ...
www-personal.umich.edu/~rudib/economicscrisis.pdf
Evolutionary Production
Systems
economy, it cannot intuitively be deemed “irrational” for him to exhibit some creative imagination, to deveiop a new good, to produce it. and to seEl it to those ...
193.174.81.9/professoren/
Overreaction
and Investment Choices: An Experimental Analysis
BWL.uni-mannheim.de. We would like to thank seminar ... If prices initially overreact to information and then drift back towards rational pricing, there will be mean ...
www.dgf2008.de/content/paper/BNW.pdf
A Minimal
Noise Trader Model with Realistic Time Series Properties
E-mail: alfarano@bwl.uni-kiel.de. *Earlier versions of this ..... markets: The Efficient Market Hypothesis and the Rational Expectations Hy- pothesis. Journal of ...
www.
Estimation of
Agent-Based Models: the case of an Asymmetric
...
40, D-24118 Kiel, Germany. E-mail: alfarano@bwl.uni-kiel.de ... The agents are assumed to be rational and homogeneous with respect to the access and their ...
ftp.
Stochastic
Behavioral Asset Pricing Models and the Stylized Facts 1
... Str. 40, 24118 Kiel, Germany,. E-Mail: lux@bwl.uni-kiel.de .... seen as a formalization of psychological factors and irrational components of human behavior in ...
www.
Seminar in
Financial Economics Summer Term 2010
The Survival of Irrational Agents: The Case of Overconfidence. 2. Rational Herd Behavior and Investment Decisions. 3. Artificial Financial Markets: The Santa Fe ...
www.
English Courses in Business Administration ("BWL"
and "Finance
English Courses in Business Administration (“BWL” and “Finance”) at the ..... Rational Choice in an Uncertain ..... Finance: Insights into irrational minds ...
https://cms-live.uzh.ch/oec-alt/live/exchange/EnglishC.pdf
Modes of Explanation in Organization
Theory
tivism, Critical Theory, Postmodernism, Functionalism, and Rational Choice Theory. I have attempted ... Finally, the debate between Functionalism and Rational ...
www.iou.uzh.ch/
Opening the Black Box: From an Individual Bias to Portfolio
...
E-Mail: glaser@bwl.lmu.de. .... But irrational agents may overreact to the signals they observe. .... In contrast, if agents are rational, the ratio will on average ...
www.nccr-finrisk.uzh.ch/media/pdf/SSRN-id1441263.pdf
CFR-Working
Paper NO. 08-08 A.Pütz • S.Ruenzi
... Department of International Finance, e-mail: ruenzi@bwl.uni-mannheim.de. ... that professional investors are irrational, too, it would support behavioral ...
www.cfr-cologne.de/download/workingpaper/cfr-08-08.pdf
CFR-Working
Paper NO. 10-03 The Impact of Investor Sentiment on
...
Fax ++49-621-181-1664, e-mail: niessen@bwl.uni-mannheim.de. Ruenzi: Tel. ... These papers implicitly assume that institutional investors are more rational in ...
www.cfr-cologne.de/download/workingpaper/cfr-10-03.pdf
1990-Rationality
and Its Roles in Reasoning
ries to perform or describe rational thought and action, criticizing and ... example, when people criticize as irrational someone who asserts both ..... 1098 bWl'ED ...
www.aaai.org/Papers/AAAI/1990/AAAI90-162.pdf
The Positive Effects of Biased Self-Perceptions in Firms
harder than the rational leader. The difference between the effort level of the biased leader and that of the rational leader being equal to bwL(1 − swF), the ...
faculty.fuqua.duke.edu/~sgervais/Research/Papers/OvTeam.WP.pdf
Participation
Costs, Trend Chasing, and Volatility of Stock Prices
Vienna, Austria, or e-mail: orosel@econ.bwl.univie.ac.at. 1 Starting with ... How can we explain limited market participation of rational agents? One possible ...
www.trend.technicalanalysis.org.uk/Oros98.pdf
The role of
lobbying in the German banking sector, BWL
...
would be irrational and abstain from doing so, as their additional expected gain is . 1000000 10¼ (p3 ± p2) 1000000¼ and 500000 10¼ (p3 ± p2) 500000¼, ...
content.grin.com/document/v153047.pdf
Die globale
Babylonisierung, BWL - Unternehmensführung
...
survival may be connected to deeply rooted and at times irrational motives like ..... a wider complementary prerational-based, rational and transcultural notion of ...
content.grin.com/document/v183920.pdf
Risk
Management in Banking, particularly operational risk,
BWL ...
this assumption may be justified in certain scenarios, it does not comply with the irrational actions of rogue traders; therefore other methods of risk management ...
content.grin.com/document/v188260.pdf
Overconfidence
and Trading Volume
BWL.uni-mannheim.de. ... Theoretical models predict that overconfident investors will trade more than rational investors. ... Rational investors must be heteroge- ...
www.finance.uni-frankfurt.de/master/brown/58.pdf
On the Propensity to Surrender a
Variable Annuity Contract
Email: knoller@bwl.lmu.de ... investment behaviour typically is not fully rational. ... base their calculations on the assumption of irrational surrender behaviour.
www.aria.org/.../
E-MAIL: finbuehler@bwl.uni-mannheim.de POSTAL:
Chair of ...
M. Uhrig: uhrig@lsdb.bwl.uni-mannheim.de. Abstract. This article ...... Güth, W., van Damme, E., Weber, M., Irrational Risk Aversion on Probabilities - Experi- ...
papers.ssrn.com/sol3/Delivery.cfm/96120301.pdf?abstractid=39912...1
Stock Options
and Employee Behavior
rational and behavioral factors explain differences in observed exercise behavior ? We study these questions ... BWL.uni-mannheim.de. Martin Weber is from the ...
www.econ.ku.dk/fru/Events_News/PDF/Weber.pdf
Research on Marketing in Emerging Firms: Key
Issues and Open ...
45, 80539 München, Germany, gruber@bwl.uni-muenchen.de. ...... of network for gathering information; mostly haphazard, irrational and unplanned approach to ...
www.en.
Sex
Matters: Gender and Prejudice in the Mutual Fund Industry∗
niessen@bwl.uni-mannheim.de). ... rational statistical discrimination or irrational negative prejudice against ... explained by rational statistical discrimination.
efmaefm.org/0EFMSYMPOSIUM/Germany2012/papers/Ruenzi.pdf
Individual
Investor Sentiment and Stock Returns - What Do We
...
BWL.uni-mannheim.de. ... are classified as irrational or noise traders. ... tioned arbitrage mechanism leads to the conclusion that irrational investors cannot influ- ...
efmaefm.org/.../86-EFM - Schmitz Philipp -
The Economic
Rationale of Offering Media Files in Peer-to-Peer
...
becker@bwl.uni-kiel.de, michel@michelclement.com ... rational. This paper offers a theoretical base to explain sharing behavior and proves that the users' utility ...
www.michelclement.com/Download/p2p.pdf
Overconfidence and Bubbles in Experimental Asset Markets
Prices in rational markets tend to track the fundamental asset value more accurately than ... 40, 24098 Kiel, Germany, email: us@bwl.uni-kiel.de, Phone: + 49 431 ...
https://www.econstor.eu/dspace/bitstream/10419/49375/1/667631046.pdf
The
Impact of Investor Sentiment on the German Stock Market
e-mail: niessen@bwl.uni-mannheim.de. Ruenzi: Tel. ... question whether irrational sentiment or mood of investors has an impact on asset prices is extensively ...
www.econstor.eu/bitstream/10419/41371/1/636992411.pdf
The Impact of Investor Sentiment on the German Stock Market∗
++49-621-181-1595, Fax ++49-621-181-1664, e-mail: niessen@bwl.uni- ... question whether irrational sentiment or mood of investors has an impact on asset ...
https://www.retailinvestmentconference.org/.../eric_submission_full_s4_3_
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