IRIS PubliCatt
PubliCatt è il repository istituzionale ad accesso aperto dell'Università Cattolica del Sacro Cuore, dove gli utenti autorizzati afferenti all'Ateneo provvedono direttamente e autonomamente a depositare e a rendere visibili le proprie pubblicazioni, inserendo i dati descrittivi del documento stesso ("metadati", quali il titolo, autore, abstract, etc.) e, laddove possibile, il testo della pubblicazione stessa (full-text).
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EnglishTo switch presumes two kinds of transactions carried out by the same person: on the one hand, the decision to exit an investment line (switch-out) and, on the other hand, the decision to enter into a new investment line (switch-in). What motivates the decision makers? This paper, considering a sample of Italian occupational pension funds, investigates the impact of short-term and long-term performance on the switch decision process and whether the same performance can lead investors to make opposite switch decisions. Some irrational behaviors are identified.
Lippi, A., Switch-out and switch-in: what motivates the decision makers in Italian occupational pension funds?, <<JOURNAL OF GOVERNANCE AND REGULATION>>, 2016; 5 (Gennaio): 37-42 [http://hdl.handle.net/10807/72417]
| Autori: | |
| Titolo: | Switch-out and switch-in: what motivates the decision makers in Italian occupational pension funds? |
| Data di pubblicazione: | 2016 |
| Abstract: | To switch presumes two kinds of transactions carried out by the same person: on the one hand, the decision to exit an investment line (switch-out) and, on the other hand, the decision to enter into a new investment line (switch-in). What motivates the decision makers? This paper, considering a sample of Italian occupational pension funds, investigates the impact of short-term and long-term performance on the switch decision process and whether the same performance can lead investors to make opposite switch decisions. Some irrational behaviors are identified. |
| Lingua: | Inglese |
| Rivista: | |
| Citazione: | Lippi, A., Switch-out and switch-in: what motivates the decision makers in Italian occupational pension funds?, <<JOURNAL OF GOVERNANCE AND REGULATION>>, 2016; 5 (Gennaio): 37-42 [http://hdl.handle.net/10807/72417] |
| Appare nelle tipologie: | Articolo in rivista, Nota a sentenza |
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