The imputed smartness measure is a linear combination of demographic characteristics. If investors are sorted using each

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The imputed smartness measure is a linear combination of demographic characteristics. If investors are sorted using each of these demographic characteristics separately, what would be the return differential between smart and dumb investors?

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Behavioral Finance

ISBN: 9780190868741

1st Edition

Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger

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Question Posted: Feb 23, 2024 04:00 AM

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The imputed smartness measure is a linear combination of demographic characteristics. If investors are sorted using each

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To identify the component of the performance differential that can be attributed to each of the inve...View the full answer

Behavioral Finance

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