Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089902 | Journal of Banking & Finance | 2012 | 12 Pages |
Abstract
⺠We document an investor preference for domestic financial institutions. ⺠We call this preference the home-institution bias. ⺠The home-institution bias is distinct from the home-asset bias. ⺠The home-institution bias suggests individuals prefer dealing with the familiar. ⺠The home-institution bias is strongest among unsophisticated investors.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Grant McQueen, Anders Stenkrona,