Bericht
Investor irrationality and closed-end hedge funds
This study questions the rationality of people investing in HFs. I use a sample of London listed closed-end hedge funds to evaluate two criteria that imply irrational behavior. I find that the rationality of investors can not be rejected for the majority of time. However, the results also imply that investors react irrationally when facing the worsening economic conditions in the second half of 2008.
- Language
-
Englisch
- Bibliographic citation
-
Series: WWZ Forschungsbericht ; No. 09/09
- Classification
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Wirtschaft
- Subject
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Hedgefonds
Anlageverhalten
Rationalität
Schätzung
London
- Event
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Geistige Schöpfung
- (who)
-
Zimmermann, Heinz
Dietiker, Oliver
- Event
-
Veröffentlichung
- (who)
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Universität Basel, Wirtschaftswissenschaftliches Zentrum (WWZ)
- (where)
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Basel
- (when)
-
2009
- Handle
- Last update
- 10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Zimmermann, Heinz
- Dietiker, Oliver
- Universität Basel, Wirtschaftswissenschaftliches Zentrum (WWZ)
Time of origin
- 2009
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