Quotation Stephens, Thomas Alexander, Tyran, Jean-Robert. 2011. Does Inflation Distort Financial Investment Decisions?. 6th Nordic Conference on Behavioural and Experimental Economics, Lund, Schweden, 28.10-29.10.




We investigate the effect of nominal framing on investment decisions. As part of a large-scale internet experiment, we present a large, heterogeneous sample of subjects with a series of stylized investment decisions, presenting given real returns as either nominal gains or losses. In each decision, subjects choose how much to invest, and how to allocate their investment between a relatively risky and a relatively safe option. We find that investment decisions are driven by both real returns and nominal framing.


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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Does Inflation Distort Financial Investment Decisions?
Event 6th Nordic Conference on Behavioural and Experimental Economics
Year 2011
Date 28.10-29.10
Country Sweden
Location Lund
URL http://www.nek.lu.se/ryde/NordicExper11/default.htm


Stephens, Thomas Alexander (Former researcher)
Tyran, Jean-Robert (Universität Wien)
Department of Economics (Sausgruber) (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
5311 Public finance (Details)
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