Artikel
Managerial behavior in fund tournaments—the impact of TrueSkill
Measuring mutual fund managers' skills by Microsoft's TrueSkill algorithm, we find highly skilled managers to behave self-confident resulting in higher risk-taking in the second half of the year compared to less skilled managers. Introducing the TrueSkill algorithm, which is widely used in the e-sports community, to this branch of literature, we can replicate previous findings and theories suggesting overconfidence for mid-years winners.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Journal of Asset Management ; ISSN: 1479-179X ; Volume: 22 ; Year: 2021 ; Issue: 1 ; Pages: 62-75 ; London: Palgrave Macmillan UK
- Klassifikation
-
Wirtschaft
Portfolio Choice; Investment Decisions
Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors
Behavioral Finance: General‡
- Thema
-
Fund tournament
Skill
Risk-shifting
TrueSkill
Bayesian network
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Swade, Alexander
Köchling, Gerrit
Posch, Peter N.
- Ereignis
-
Veröffentlichung
- (wer)
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Palgrave Macmillan UK
- (wo)
-
London
- (wann)
-
2021
- DOI
-
doi:10.1057/s41260-020-00198-7
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Swade, Alexander
- Köchling, Gerrit
- Posch, Peter N.
- Palgrave Macmillan UK
Entstanden
- 2021
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