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Articles 1 - 3 of 3
Full-Text Articles in Law
Observers As Participants: Letting The Public Monitor The Criminal Justice Bureaucracy, Stephanos Bibas
Observers As Participants: Letting The Public Monitor The Criminal Justice Bureaucracy, Stephanos Bibas
All Faculty Scholarship
No abstract provided.
Why Do Retail Investors Make Costly Mistakes? An Experiment On Mutual Fund Choice, Jill E. Fisch, Tess Wilkinson-Ryan
Why Do Retail Investors Make Costly Mistakes? An Experiment On Mutual Fund Choice, Jill E. Fisch, Tess Wilkinson-Ryan
All Faculty Scholarship
There is mounting evidence that retail investors make predictable, costly investment mistakes, including underinvestment, naïve diversification, and payment of excessive fund fees. Over the past thirty-five years, however, participant-directed 401(k) plans have largely replaced professionally managed pension plans, requiring unsophisticated retail investors to navigate the financial markets themselves. Policy-makers have struggled with regulatory interventions designed to improve the quality of investment decisions without a clear understanding of the reasons for investor mistakes. Absent such an understanding, it is difficult to design effective regulatory responses.
This article offers a first step in understanding the investor decision-making process. We use an internet-based …
International Trade Law And Information Policy: A Recent History, Genevieve B. Tung
International Trade Law And Information Policy: A Recent History, Genevieve B. Tung
Librarian Scholarship at Penn Carey Law
No abstract provided.