Money illusion in intuitive financial judgments: influences of nominal representation of share prices

Authors :: Svedsater, Henrik
Gamble, Amelie
Garling, Tommy
Source :: The Journal of Socio-Economics. Oct, 2007, Vol. 36 Issue 5, p698, 15 p.
Publication Year :: 2007
Abstract: Three experiments were conducted on 247 students of Goteborg University to study the factor of money illusion in financial decision-making. The effects of nominal variables on the students' expectations of stock price shifts and on their trading decisions were studied.

Subjects :: Stockholders -- Behavior
Financial planning -- Research
Stocks -- Prices and rates
Stocks -- Public opinion
Business
Social sciences

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