Investing other people's money

Sascha Füllbrunn, Ola Kvaloy, Wolfgang Luhan*

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review


    When it comes to risk-taking behavior, experimental economics research is mainly concerned with how people take (financial) risks for themselves. However, a significant part of a financial professional’s role is taking financial decisions on behalf of third parties. Experimental finance provides controlled environments to test how remuneration structures affect investment decisions for real people. This chapter discusses recent findings of experimental studies on investment decisions making for other people.
    Original languageEnglish
    Title of host publicationHandbook of Experimental Finance
    EditorsSascha Füllbrunn, Ernan Haruvy
    PublisherEdward Elgar Publishing
    ISBN (Electronic)9781800372337
    ISBN (Print)9781800372320
    Publication statusPublished - 1 Oct 2022

    Publication series

    NameResearch Handbooks in Money and Finance
    PublisherEdward Elgar Publishing


    • decision making for others
    • experimental finance


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