Question: Over the last twenty years or so, progress in Information Technology (IT) has made it much easier and cheaper for individual investors to trade in

Over the last twenty years or so, progress in Information Technology (IT) has made it much easier and cheaper for individual investors to trade in financial markets. Most of this trend has been driven by the growth in the ability of individual investors to trade on Internet platforms; whereas, in the past they would have to initiate trades by telephone or in writing. If overconfidence is a substantial behavioral bias among individual investors, do you think this technological trend has increased or decreased the investment returns of individual investors? Why?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Question 3 Teena's neighbour, Joe, has been employed as a mechanic for Central Service for the last 10 years. Teena, a student of business law, is aware that Joe has never acquired a mechanic's...

1,A researcher measures the stock-market participation behavior of residents of two cities: Buffalo and Syracuse. She observes that in Buffalo, sociable and non-sociable residents have the same...

Over the last twenty years or so, progress in Information Technology (IT) has made it much easier and cheaper for individual investors to trade in financial markets. Most of this trend has been...

ver the last twenty years or so, progress in Information Technology (IT) has made it much easier and cheaper for individual investors to trade in financial markets. Most of this trend has been driven...

QUESTION: Estimate an appropriate cost of capital to use in valuing the teak plantation investment. Please be sure to include a discussion of how you propose to adjust your cost of capital estimate...

Assess the arguments he makes in defence of globalization. How far are these arguments supported by what you see happening in any business you have worked or are familiar with. In this Alcuin...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

I need short journal entries for these articles, please. 1) Learning Objectives By the end of this section, you will be able to: Explain the various functions of money Contrast commodity money and...

MRKT 310 Principles of Marketing Strategic Marketing & Value for the Customer Please use the service offering below; Lyft PRODUCT CHOICE & CONTENT Your focus will be on the domestic, or U.S....

1. What accounting issues have been addressed in the article? Briefly summarise the issues in 2-3 sentences. 2. In terms of the accounting issue being discussed, what did you agree/disagree with in...

INTERNATIONAL MARKETING 1. This is an INDIVIDUAL examination. 2.There are TEN (10) questions in this section. Answer ALL questions 3.Please study carefully and answer the questions. Source:...

Methods of controlling personal debt include all the following except using credit cards for grocery purchases getting rid of all credit cards using only cash for purchases paying off high-interest...

Manonta Sales Companys summary statement of financial position and income statement as at December 31, 2015, follow. Statement of Financial Position (in thousands) Current assets........... $150,000...

integral of ( y ^ 2 ) e ^ ( y ^ 3 ) dy

Prepare a policy development plan using the template provided below. List at least 3 actions for each step. Assume you have to prepare your policy within the next 2 months and set due dates...

Draft an email inviting the stakeholders to join the policy network. Include the purpose of the policy network and the input that is required from members of the group. (100 words) To: Cc: Subject:

How would you ensure that a policy is drafted and approved for implementation to stated timeframes and milestones? Include how risks to achieving this should be identified and managed. (80 words)

Using the table of average cmol + c kg -1 clay below, estimate the CEC (cmol + c kg -1 soil) of a soil with 42% clay composed of the following clay minerals: 24% kaolinite, 18% vermiculite, 26%...

Draft an email to the relevant people in the organization to gain agreement for the policy. Include the following in your email (80 words): A description of the policy Reference to an attachment of...

Mega Corp. is designing a product layout for a new electronic product. They plan to use this production line 8 hours a day in order to meet forecasted demand of 1000 units per day. There are seven...

What,in your opinion, should the store managers job description look like and what activities should it contain? Based on her review of the stores, Jennifer concluded that one of the first matters...

Whatis human resources planning and how will it help Carters strategic plans? While in college, Jennifer was especially interested in labour forecasting. She learned that a key component of HR...

Outline three quantitative techniques for forecast-ing future HR demand. Outline three strategies usedto forecast internal HRsupply. While in college, Jennifer was especially interested in labour...