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Name-Based Behavioral Biases: Are Expert Investors Immune?

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Title: Name-Based Behavioral Biases: Are Expert Investors Immune?
Authors: Itzkowitz, Jennifer (AUTHOR), Itzkowitz, Jesse (AUTHOR)
Source: Journal of Behavioral Finance. Apr-Jun2017, Vol. 18 Issue 2, p180-188. 9p.
Subjects: Investors, Businesspeople, Heuristic, Hypothesis, Alphabetizing
Abstract: The market comprises investors with a broad range of expertise. As a result, investors may make decisions differently from one another. Research reveals that investors use name-based heuristics, or short-cuts, including alphabetical ordering (Itzkowitz, Itzkowitz, and Rothbort [2015]), name fluency (Anderson and Larkin [2012], Green and Jame [2013]), and name memorability (Grullon, Kanatas, and Weston [2004]) when trading stocks, resulting in irrational decisions. Because experts and novices process information differently, name-based biases may not affect all investors equally. The authors test and confirm the hypothesis that, compared to novices, expert investors are relatively immune to name-based biases. [ABSTRACT FROM PUBLISHER]
Copyright of Journal of Behavioral Finance is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Psychology and Behavioral Sciences Collection
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PubType: Academic Journal
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  Label: Title
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  Data: Name-Based Behavioral Biases: Are Expert Investors Immune?
– Name: Author
  Label: Authors
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  Data: <searchLink fieldCode="AR" term="%22Itzkowitz%2C+Jennifer%22">Itzkowitz, Jennifer</searchLink> (AUTHOR)<br /><searchLink fieldCode="AR" term="%22Itzkowitz%2C+Jesse%22">Itzkowitz, Jesse</searchLink> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Journal+of+Behavioral+Finance%22">Journal of Behavioral Finance</searchLink>. Apr-Jun2017, Vol. 18 Issue 2, p180-188. 9p.
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  Data: <searchLink fieldCode="DE" term="%22Investors%22">Investors</searchLink><br /><searchLink fieldCode="DE" term="%22Businesspeople%22">Businesspeople</searchLink><br /><searchLink fieldCode="DE" term="%22Heuristic%22">Heuristic</searchLink><br /><searchLink fieldCode="DE" term="%22Hypothesis%22">Hypothesis</searchLink><br /><searchLink fieldCode="DE" term="%22Alphabetizing%22">Alphabetizing</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The market comprises investors with a broad range of expertise. As a result, investors may make decisions differently from one another. Research reveals that investors use name-based heuristics, or short-cuts, including alphabetical ordering (Itzkowitz, Itzkowitz, and Rothbort [2015]), name fluency (Anderson and Larkin [2012], Green and Jame [2013]), and name memorability (Grullon, Kanatas, and Weston [2004]) when trading stocks, resulting in irrational decisions. Because experts and novices process information differently, name-based biases may not affect all investors equally. The authors test and confirm the hypothesis that, compared to novices, expert investors are relatively immune to name-based biases. [ABSTRACT FROM PUBLISHER]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Journal of Behavioral Finance is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=pbh&AN=123075233
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        Value: 10.1080/15427560.2017.1308940
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      – Code: eng
        Text: English
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      – SubjectFull: Investors
        Type: general
      – SubjectFull: Businesspeople
        Type: general
      – SubjectFull: Heuristic
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      – SubjectFull: Hypothesis
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      – SubjectFull: Alphabetizing
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      – TitleFull: Name-Based Behavioral Biases: Are Expert Investors Immune?
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              Text: Apr-Jun2017
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