Claremont McKenna College

Displaying 1-1 of 1 results

  • White Papers // Feb 2010

    Nature Or Nurture: What Determines Investor Behavior?

    Using data on identical and fraternal twins' complete financial portfolios, author decomposed the cross sectional variation in investor behavior. It's found that a genetic factor explains about one third of the variance in stock market participation and asset allocation. Family environment has an effect on the behavior of young individuals,...

    Provided By Claremont McKenna College

  • White Papers // Feb 2010

    Nature Or Nurture: What Determines Investor Behavior?

    Using data on identical and fraternal twins' complete financial portfolios, author decomposed the cross sectional variation in investor behavior. It's found that a genetic factor explains about one third of the variance in stock market participation and asset allocation. Family environment has an effect on the behavior of young individuals,...

    Provided By Claremont McKenna College