What Drives Peer Effects in Financial Decision-Making? Neural and Behavioral Evidence

2015 ◽  
Author(s):  
Cary Frydman
Keyword(s):  
Decision Making ◽  
Peer Effects ◽  
Financial Decision Making ◽  
Financial Decision ◽  
Behavioral Evidence

Peer effects in financial decision-making

2018 ◽  
Vol 163 ◽  
pp. 37-59 ◽  
Author(s):  
Ethan M.J. Lieber ◽  
William Skimmyhorn
Keyword(s):  
Decision Making ◽  
Peer Effects ◽  
Financial Decision Making ◽  
Financial Decision

scholarly journals Peer effects, Financial Decisions and Industry Concentration

2019 ◽  
Vol 2 (2) ◽  
pp. 13-21
Author(s):  
Isma Zaighum ◽  
Dr. Mohd Zaini Abd Karim
Keyword(s):  
Decision Making ◽  
Content Analysis ◽  
Peer Effects ◽  
Industry Concentration ◽  
Future Research ◽  
Special Focus ◽  
Financial Decisions ◽  
Financial Decision Making ◽  
Competitive Environments ◽  
Financial Decision

Purpose- This article reviews literature related to peer effects and different financial decisions. It further summarizes the theory and motives that drive peer effects. Also, the study highlights the influence of industry concentration on peer interaction in financial decision making. This content analysis of scantily available peer effect literature has been performed to highlight the significance of peer effects in financial decision making like investment, cash holding, leverage and many more. Most of the existing peer effects literature focuses on the U.S. However, peer effects also occur in other countries but empirical evidence is comparatively limited. But, managers may take into consideration their industry peers especially if their firms are operating in highly competitive environments.  Design/Methodology- Content analysis approach is applied to review prevailing financial literature on peer interactions and financial decisions with a special focus on industry concentration in explaining the peer effects.  Practical Implications- As the prime focus of managerial decisions is to maximize the firm’s value. Hence, information about peers would be helpful in making better decisions, especially in highly competitive environments. Also, this review of selected literature provides pathways for future research in investigating the motives of peer effects.

scholarly journals CAUSAL PEER EFFECTS IN FINANCIAL DECISION MAKING

2016 ◽  
Vol 2 (1) ◽  
pp. 111-130
Author(s):  
Ana Njegovanović ◽  
Krešimir Petar Ćosić
Keyword(s):  
Decision Making ◽  
Peer Effects ◽  
Financial Decision Making ◽  
Financial Decision

The role of mixed emotions in financial decision making

2011 ◽  
Author(s):  
Gergana Y. Nenkov ◽  
Deborah MacInnis ◽  
Maureen Morrin
Keyword(s):  
Decision Making ◽  
Mixed Emotions ◽  
Financial Decision Making ◽  
Financial Decision
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