---
_id: '25041'
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Stefan
  full_name: Schaltegger, Stefan
  last_name: Schaltegger
citation:
  ama: 'Pelster M, Schaltegger S. The dark triad and corporate sustainability: An
    empirical analysis of personality traits of middle managers. <i>Business Ethics,
    the Environment &#38; Responsibility</i>. 2022;31(1):80-99. doi:<a href="https://doi.org/10.1111/beer.12398">10.1111/beer.12398</a>'
  apa: 'Pelster, M., &#38; Schaltegger, S. (2022). The dark triad and corporate sustainability:
    An empirical analysis of personality traits of middle managers. <i>Business Ethics,
    the Environment &#38; Responsibility</i>, <i>31</i>(1), 80–99. <a href="https://doi.org/10.1111/beer.12398">https://doi.org/10.1111/beer.12398</a>'
  bibtex: '@article{Pelster_Schaltegger_2022, title={The dark triad and corporate
    sustainability: An empirical analysis of personality traits of middle managers},
    volume={31}, DOI={<a href="https://doi.org/10.1111/beer.12398">10.1111/beer.12398</a>},
    number={1}, journal={Business Ethics, the Environment &#38; Responsibility}, author={Pelster,
    Matthias and Schaltegger, Stefan}, year={2022}, pages={80–99} }'
  chicago: 'Pelster, Matthias, and Stefan Schaltegger. “The Dark Triad and Corporate
    Sustainability: An Empirical Analysis of Personality Traits of Middle Managers.”
    <i>Business Ethics, the Environment &#38; Responsibility</i> 31, no. 1 (2022):
    80–99. <a href="https://doi.org/10.1111/beer.12398">https://doi.org/10.1111/beer.12398</a>.'
  ieee: 'M. Pelster and S. Schaltegger, “The dark triad and corporate sustainability:
    An empirical analysis of personality traits of middle managers,” <i>Business Ethics,
    the Environment &#38; Responsibility</i>, vol. 31, no. 1, pp. 80–99, 2022, doi:
    <a href="https://doi.org/10.1111/beer.12398">10.1111/beer.12398</a>.'
  mla: 'Pelster, Matthias, and Stefan Schaltegger. “The Dark Triad and Corporate Sustainability:
    An Empirical Analysis of Personality Traits of Middle Managers.” <i>Business Ethics,
    the Environment &#38; Responsibility</i>, vol. 31, no. 1, 2022, pp. 80–99, doi:<a
    href="https://doi.org/10.1111/beer.12398">10.1111/beer.12398</a>.'
  short: M. Pelster, S. Schaltegger, Business Ethics, the Environment &#38; Responsibility
    31 (2022) 80–99.
date_created: 2021-09-25T15:25:22Z
date_updated: 2022-01-06T06:56:44Z
department:
- _id: '186'
- _id: '578'
doi: 10.1111/beer.12398
issue: '1'
language:
- iso: eng
page: 80-99
publication: Business Ethics, the Environment & Responsibility
publication_status: published
quality_controlled: '1'
status: public
title: 'The dark triad and corporate sustainability: An empirical analysis of personality
  traits of middle managers'
type: journal_article
user_id: '67265'
volume: ' 31'
year: '2022'
...
---
_id: '21571'
abstract:
- lang: eng
  text: The paper investigates the impact of individual attention on investor risk-taking.
    We analyze a large sample of trading records from a brokerage service that allows
    its customers to trade contracts-for-differences (CFD), and sends standardized
    push messages on recent stock performance to its client investors. The advantage
    of this sample is that it allows us to isolate the "push" messages as individual
    attention triggers, which we can directly link to the same individuals' risk-taking.
    A particular advantage of CFD trading is that it allows investors to make use
    of leverage, which provides us a pure measure of investors' willingness to take
    risks that is independent of the decision to purchase a particular stock. Leverage
    is a major catalyst of speculative trading, as it increases the scope of extreme
    returns, and enables investors to take larger positions than what they can afford
    with their own capital. We show that investors execute attention-driven trades
    with higher leverage, compared to their other trades, as well as those of other
    investors who are not alerted by attention triggers.
article_type: original
author:
- first_name: Marc
  full_name: Arnold, Marc
  last_name: Arnold
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Marti G.
  full_name: Subrahmanyam, Marti G.
  last_name: Subrahmanyam
citation:
  ama: Arnold M, Pelster M, Subrahmanyam MG. Attention triggers and investors’ risk-taking.
    <i>Journal of Financial Economics</i>. 2022;143(2):846-875. doi:<a href="https://doi.org/10.1016/j.jfineco.2021.05.031">10.1016/j.jfineco.2021.05.031</a>
  apa: Arnold, M., Pelster, M., &#38; Subrahmanyam, M. G. (2022). Attention triggers
    and investors’ risk-taking. <i>Journal of Financial Economics</i>, <i>143</i>(2),
    846–875. <a href="https://doi.org/10.1016/j.jfineco.2021.05.031">https://doi.org/10.1016/j.jfineco.2021.05.031</a>
  bibtex: '@article{Arnold_Pelster_Subrahmanyam_2022, title={Attention triggers and
    investors’ risk-taking}, volume={143}, DOI={<a href="https://doi.org/10.1016/j.jfineco.2021.05.031">10.1016/j.jfineco.2021.05.031</a>},
    number={2}, journal={Journal of Financial Economics}, author={Arnold, Marc and
    Pelster, Matthias and Subrahmanyam, Marti G.}, year={2022}, pages={846–875} }'
  chicago: 'Arnold, Marc, Matthias Pelster, and Marti G. Subrahmanyam. “Attention
    Triggers and Investors’ Risk-Taking.” <i>Journal of Financial Economics</i> 143,
    no. 2 (2022): 846–75. <a href="https://doi.org/10.1016/j.jfineco.2021.05.031">https://doi.org/10.1016/j.jfineco.2021.05.031</a>.'
  ieee: 'M. Arnold, M. Pelster, and M. G. Subrahmanyam, “Attention triggers and investors’
    risk-taking,” <i>Journal of Financial Economics</i>, vol. 143, no. 2, pp. 846–875,
    2022, doi: <a href="https://doi.org/10.1016/j.jfineco.2021.05.031">10.1016/j.jfineco.2021.05.031</a>.'
  mla: Arnold, Marc, et al. “Attention Triggers and Investors’ Risk-Taking.” <i>Journal
    of Financial Economics</i>, vol. 143, no. 2, 2022, pp. 846–75, doi:<a href="https://doi.org/10.1016/j.jfineco.2021.05.031">10.1016/j.jfineco.2021.05.031</a>.
  short: M. Arnold, M. Pelster, M.G. Subrahmanyam, Journal of Financial Economics
    143 (2022) 846–875.
date_created: 2021-03-26T19:16:36Z
date_updated: 2022-01-12T17:24:21Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jfineco.2021.05.031
intvolume: '       143'
issue: '2'
language:
- iso: eng
page: ' 846-875'
publication: Journal of Financial Economics
publication_status: published
quality_controlled: '1'
related_material:
  link:
  - relation: confirmation
    url: https://doi.org/10.1016/j.jfineco.2021.05.031
status: public
title: Attention triggers and investors' risk-taking
type: journal_article
user_id: '67265'
volume: 143
year: '2022'
...
---
_id: '34449'
article_type: original
author:
- first_name: Tommy
  full_name: Crépellière, Tommy
  last_name: Crépellière
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Stefan
  full_name: Zeisberger, Stefan
  last_name: Zeisberger
citation:
  ama: Crépellière T, Pelster M, Zeisberger S. Arbitrage in the Market for Cryptocurrencies.
    <i>Journal of Financial Markets</i>. Published online 2022. doi:<a href="https://doi.org/10.1016/j.finmar.2023.100817">10.1016/j.finmar.2023.100817</a>
  apa: Crépellière, T., Pelster, M., &#38; Zeisberger, S. (2022). Arbitrage in the
    Market for Cryptocurrencies. <i>Journal of Financial Markets</i>. <a href="https://doi.org/10.1016/j.finmar.2023.100817">https://doi.org/10.1016/j.finmar.2023.100817</a>
  bibtex: '@article{Crépellière_Pelster_Zeisberger_2022, title={Arbitrage in the Market
    for Cryptocurrencies}, DOI={<a href="https://doi.org/10.1016/j.finmar.2023.100817">10.1016/j.finmar.2023.100817</a>},
    journal={Journal of Financial Markets}, author={Crépellière, Tommy and Pelster,
    Matthias and Zeisberger, Stefan}, year={2022} }'
  chicago: Crépellière, Tommy, Matthias Pelster, and Stefan Zeisberger. “Arbitrage
    in the Market for Cryptocurrencies.” <i>Journal of Financial Markets</i>, 2022.
    <a href="https://doi.org/10.1016/j.finmar.2023.100817">https://doi.org/10.1016/j.finmar.2023.100817</a>.
  ieee: 'T. Crépellière, M. Pelster, and S. Zeisberger, “Arbitrage in the Market for
    Cryptocurrencies,” <i>Journal of Financial Markets</i>, 2022, doi: <a href="https://doi.org/10.1016/j.finmar.2023.100817">10.1016/j.finmar.2023.100817</a>.'
  mla: Crépellière, Tommy, et al. “Arbitrage in the Market for Cryptocurrencies.”
    <i>Journal of Financial Markets</i>, 2022, doi:<a href="https://doi.org/10.1016/j.finmar.2023.100817">10.1016/j.finmar.2023.100817</a>.
  short: T. Crépellière, M. Pelster, S. Zeisberger, Journal of Financial Markets (2022).
date_created: 2022-12-15T12:12:49Z
date_updated: 2023-01-25T09:32:32Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.finmar.2023.100817
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://doi.org/10.1016/j.finmar.2023.100817
oa: '1'
publication: Journal of Financial Markets
publication_status: published
quality_controlled: '1'
status: public
title: Arbitrage in the Market for Cryptocurrencies
type: journal_article
user_id: '67265'
year: '2022'
...
---
_id: '25042'
article_type: original
author:
- first_name: Martin
  full_name: Mutschmann, Martin
  last_name: Mutschmann
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Mutschmann M, Hasso T, Pelster M. Dark triad managerial personality and financial
    reporting manipulation. <i>Journal of Business Ethics</i>. doi:<a href="https://doi.org/10.1007/s10551-021-04959-1">10.1007/s10551-021-04959-1</a>
  apa: Mutschmann, M., Hasso, T., &#38; Pelster, M. (n.d.). Dark triad managerial
    personality and financial reporting manipulation. <i>Journal of Business Ethics</i>.
    <a href="https://doi.org/10.1007/s10551-021-04959-1">https://doi.org/10.1007/s10551-021-04959-1</a>
  bibtex: '@article{Mutschmann_Hasso_Pelster, title={Dark triad managerial personality
    and financial reporting manipulation}, DOI={<a href="https://doi.org/10.1007/s10551-021-04959-1">10.1007/s10551-021-04959-1</a>},
    journal={Journal of Business Ethics}, author={Mutschmann, Martin and Hasso, Tim
    and Pelster, Matthias} }'
  chicago: Mutschmann, Martin, Tim Hasso, and Matthias Pelster. “Dark Triad Managerial
    Personality and Financial Reporting Manipulation.” <i>Journal of Business Ethics</i>,
    n.d. <a href="https://doi.org/10.1007/s10551-021-04959-1">https://doi.org/10.1007/s10551-021-04959-1</a>.
  ieee: 'M. Mutschmann, T. Hasso, and M. Pelster, “Dark triad managerial personality
    and financial reporting manipulation,” <i>Journal of Business Ethics</i>, doi:
    <a href="https://doi.org/10.1007/s10551-021-04959-1">10.1007/s10551-021-04959-1</a>.'
  mla: Mutschmann, Martin, et al. “Dark Triad Managerial Personality and Financial
    Reporting Manipulation.” <i>Journal of Business Ethics</i>, doi:<a href="https://doi.org/10.1007/s10551-021-04959-1">10.1007/s10551-021-04959-1</a>.
  short: M. Mutschmann, T. Hasso, M. Pelster, Journal of Business Ethics (n.d.).
date_created: 2021-09-26T16:28:36Z
date_updated: 2022-01-06T06:56:44Z
department:
- _id: '186'
- _id: '578'
doi: 10.1007/s10551-021-04959-1
language:
- iso: eng
publication: Journal of Business Ethics
publication_status: accepted
quality_controlled: '1'
status: public
title: Dark triad managerial personality and financial reporting manipulation
type: journal_article
user_id: '67265'
year: '2021'
...
---
_id: '23524'
abstract:
- lang: eng
  text: 'We experimentally consider a dynamic multi-period Cournot duopoly with a
    simultaneous option to manage financial risk and a real option to delay supply.
    The first option allows players to manage risk before uncertainty is realized,
    while the second allows managing risk after realization. In our setting, firms
    face a strategic dilemma: They must weigh the advantages of dealing with risk
    exposure against the disadvantages of higher competition. In theory, firms make
    strategic use of the hedging component, enhancing competition. Our experimental
    results support this theory, suggesting that hedging increases competition and
    negates duopoly profits even in a simultaneous setting.'
article_type: original
author:
- first_name: Caleb
  full_name: Cox, Caleb
  last_name: Cox
- first_name: Arzé
  full_name: Karam, Arzé
  last_name: Karam
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Cox C, Karam A, Pelster M. Two-period duopolies with forward markets. <i>Review
    of Industrial Organization</i>. 2021. doi:<a href="https://doi.org/10.1007/s11151-021-09839-6">10.1007/s11151-021-09839-6</a>
  apa: Cox, C., Karam, A., &#38; Pelster, M. (2021). Two-period duopolies with forward
    markets. <i>Review of Industrial Organization</i>. <a href="https://doi.org/10.1007/s11151-021-09839-6">https://doi.org/10.1007/s11151-021-09839-6</a>
  bibtex: '@article{Cox_Karam_Pelster_2021, title={Two-period duopolies with forward
    markets}, DOI={<a href="https://doi.org/10.1007/s11151-021-09839-6">10.1007/s11151-021-09839-6</a>},
    journal={Review of Industrial Organization}, author={Cox, Caleb and Karam, Arzé
    and Pelster, Matthias}, year={2021} }'
  chicago: Cox, Caleb, Arzé Karam, and Matthias Pelster. “Two-Period Duopolies with
    Forward Markets.” <i>Review of Industrial Organization</i>, 2021. <a href="https://doi.org/10.1007/s11151-021-09839-6">https://doi.org/10.1007/s11151-021-09839-6</a>.
  ieee: C. Cox, A. Karam, and M. Pelster, “Two-period duopolies with forward markets,”
    <i>Review of Industrial Organization</i>, 2021.
  mla: Cox, Caleb, et al. “Two-Period Duopolies with Forward Markets.” <i>Review of
    Industrial Organization</i>, 2021, doi:<a href="https://doi.org/10.1007/s11151-021-09839-6">10.1007/s11151-021-09839-6</a>.
  short: C. Cox, A. Karam, M. Pelster, Review of Industrial Organization (2021).
date_created: 2021-08-25T14:40:54Z
date_updated: 2022-01-06T06:55:56Z
department:
- _id: '186'
- _id: '578'
doi: 10.1007/s11151-021-09839-6
language:
- iso: eng
main_file_link:
- url: https://doi.org/10.1007/s11151-021-09839-6
publication: Review of Industrial Organization
publication_status: published
related_material:
  link:
  - relation: research_paper
    url: https://doi.org/10.1007/s11151-021-09839-6
status: public
title: Two-period duopolies with forward markets
type: journal_article
user_id: '67265'
year: '2021'
...
---
_id: '22205'
abstract:
- lang: eng
  text: In January 2021, the GameStop stock was the epicenter of the first case of
    predatory trading initiated by retail investors. We use brokerage accounts to
    study who participated in this GameStop frenzy and how they performed. We investigate
    the extent to which investors’ personal and trading characteristics differ from
    the general population of retail investors. GameStop traders had a history of
    investing in speculative instruments, including stocks with lottery-like features.
    They were also more likely to close their positions before the peak of the bubble.
    At the onset of the frenzy, numerous retail investors also shorted GameStop. Overall,
    our results indicate that the GameStop frenzy was not a pure digital protest against
    Wall Street but speculative trading by a group of retail investors, in line with
    their prior high-risk trading behavior.
article_number: '102140'
article_type: original
author:
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Daniel
  full_name: Müller, Daniel
  id: '50569'
  last_name: Müller
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
citation:
  ama: Hasso T, Müller D, Pelster M, Warkulat S. Who participated in the GameStop
    frenzy? Evidence from brokerage accounts. <i>Finance Research Letters</i>. doi:<a
    href="https://doi.org/10.1016/j.frl.2021.102140">10.1016/j.frl.2021.102140</a>
  apa: Hasso, T., Müller, D., Pelster, M., &#38; Warkulat, S. (n.d.). Who participated
    in the GameStop frenzy? Evidence from brokerage accounts. <i>Finance Research
    Letters</i>. <a href="https://doi.org/10.1016/j.frl.2021.102140">https://doi.org/10.1016/j.frl.2021.102140</a>
  bibtex: '@article{Hasso_Müller_Pelster_Warkulat, title={Who participated in the
    GameStop frenzy? Evidence from brokerage accounts}, DOI={<a href="https://doi.org/10.1016/j.frl.2021.102140">10.1016/j.frl.2021.102140</a>},
    number={102140}, journal={Finance Research Letters}, author={Hasso, Tim and Müller,
    Daniel and Pelster, Matthias and Warkulat, Sonja} }'
  chicago: Hasso, Tim, Daniel Müller, Matthias Pelster, and Sonja Warkulat. “Who Participated
    in the GameStop Frenzy? Evidence from Brokerage Accounts.” <i>Finance Research
    Letters</i>, n.d. <a href="https://doi.org/10.1016/j.frl.2021.102140">https://doi.org/10.1016/j.frl.2021.102140</a>.
  ieee: T. Hasso, D. Müller, M. Pelster, and S. Warkulat, “Who participated in the
    GameStop frenzy? Evidence from brokerage accounts,” <i>Finance Research Letters</i>.
  mla: Hasso, Tim, et al. “Who Participated in the GameStop Frenzy? Evidence from
    Brokerage Accounts.” <i>Finance Research Letters</i>, 102140, doi:<a href="https://doi.org/10.1016/j.frl.2021.102140">10.1016/j.frl.2021.102140</a>.
  short: T. Hasso, D. Müller, M. Pelster, S. Warkulat, Finance Research Letters (n.d.).
date_created: 2021-05-14T11:55:12Z
date_updated: 2022-01-06T06:55:29Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.frl.2021.102140
jel:
- G11
keyword:
- Predatory Trading
- Retail Investors
- Trading Behavior
language:
- iso: eng
main_file_link:
- url: https://doi.org/10.1016/j.frl.2021.102140
publication: Finance Research Letters
publication_status: accepted
quality_controlled: '1'
related_material:
  link:
  - relation: research_paper
    url: https://doi.org/10.1016/j.frl.2021.102140
status: public
title: Who participated in the GameStop frenzy? Evidence from brokerage accounts
type: journal_article
user_id: '67265'
year: '2021'
...
---
_id: '22523'
abstract:
- lang: eng
  text: The containment of COVID-19 critically hinges on individuals’ behavior. We
    investigate how individuals react to variations in COVID-19 reporting. Using a
    survey, we elicit individuals' perceived infection risk given various COVID-19
    metrics (e.g., confirmed cases, reproduction rate, or case-fatality ratio). We
    proxy individuals' risk perception with their willingness to pay for the participation
    in everyday life and amusements events. We find that participants react to different
    COVID-19 metrics with varying sensitivity. We observe a saturation of sensitivity
    for several measures at critical limits used in the political discussion, making
    our results highly relevant for policy makers in their efforts to direct individuals
    to adhere to hygienic etiquette and social distancing guidelines.
article_type: original
author:
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
- first_name: Sebastian
  full_name: Krull, Sebastian
  id: '84497'
  last_name: Krull
- first_name: Regina
  full_name: Ortmann, Regina
  id: '10020'
  last_name: Ortmann
- first_name: Nina
  full_name: Klocke, Nina
  id: '51025'
  last_name: Klocke
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Warkulat S, Krull S, Ortmann R, Klocke N, Pelster M. COVID-19 reporting and
    willingness to pay for leisure activities. <i>Covid Economics</i>. 2021;(83):183-205.
  apa: Warkulat, S., Krull, S., Ortmann, R., Klocke, N., &#38; Pelster, M. (2021).
    COVID-19 reporting and willingness to pay for leisure activities. <i>Covid Economics</i>,
    <i>83</i>, 183–205.
  bibtex: '@article{Warkulat_Krull_Ortmann_Klocke_Pelster_2021, title={COVID-19 reporting
    and willingness to pay for leisure activities}, number={83}, journal={Covid Economics},
    publisher={CEPR Press}, author={Warkulat, Sonja and Krull, Sebastian and Ortmann,
    Regina and Klocke, Nina and Pelster, Matthias}, year={2021}, pages={183–205} }'
  chicago: 'Warkulat, Sonja, Sebastian Krull, Regina Ortmann, Nina Klocke, and Matthias
    Pelster. “COVID-19 Reporting and Willingness to Pay for Leisure Activities.” <i>Covid
    Economics</i>, no. 83 (2021): 183–205.'
  ieee: S. Warkulat, S. Krull, R. Ortmann, N. Klocke, and M. Pelster, “COVID-19 reporting
    and willingness to pay for leisure activities,” <i>Covid Economics</i>, no. 83,
    pp. 183–205, 2021.
  mla: Warkulat, Sonja, et al. “COVID-19 Reporting and Willingness to Pay for Leisure
    Activities.” <i>Covid Economics</i>, no. 83, CEPR Press, 2021, pp. 183–205.
  short: S. Warkulat, S. Krull, R. Ortmann, N. Klocke, M. Pelster, Covid Economics
    (2021) 183–205.
date_created: 2021-07-02T09:30:36Z
date_updated: 2022-01-06T06:55:36Z
department:
- _id: '186'
- _id: '578'
funded_apc: '1'
issue: '83'
jel:
- I10
- I12
- I18
keyword:
- COVID-19 reporting
- willingness to pay
- willingness to accept
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://cepr.org/file/11142/download?token=wXdlx51o
oa: '1'
page: 183-205
publication: Covid Economics
publisher: CEPR Press
quality_controlled: '1'
status: public
title: COVID-19 reporting and willingness to pay for leisure activities
type: journal_article
user_id: '67265'
year: '2021'
...
---
_id: '26775'
abstract:
- lang: eng
  text: We study the relationship between risk managers' dark triad personality traits
    (Machiavellianism, narcissism, and psychopathy) and their selective hedging activities.
    Using a primary survey of 412 professional risk managers, we find that managers
    with dark personality traits are more likely to engage in selective hedging than
    those without. This effect is particularly pronounced for older, male, and less
    experienced risk managers. The effect is also stronger in smaller firms, less
    centralized risk management departments, and family-owned firms.
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Annette
  full_name: Hofmann, Annette
  last_name: Hofmann
- first_name: Nina
  full_name: Klocke, Nina
  id: '51025'
  last_name: Klocke
- first_name: Sonja
  full_name: Warkulat, Sonja
  id: '67243'
  last_name: Warkulat
citation:
  ama: Pelster M, Hofmann A, Klocke N, Warkulat S. Dark Triad Personality Traits and
    Selective Hedging. <i>Journal of Business Ethics</i>. doi:<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>
  apa: Pelster, M., Hofmann, A., Klocke, N., &#38; Warkulat, S. (n.d.). Dark Triad
    Personality Traits and Selective Hedging. <i>Journal of Business Ethics</i>. <a
    href="https://doi.org/10.1007/s10551-021-04985-z">https://doi.org/10.1007/s10551-021-04985-z</a>
  bibtex: '@article{Pelster_Hofmann_Klocke_Warkulat, title={Dark Triad Personality
    Traits and Selective Hedging}, DOI={<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>},
    journal={Journal of Business Ethics}, publisher={Springer}, author={Pelster, Matthias
    and Hofmann, Annette and Klocke, Nina and Warkulat, Sonja} }'
  chicago: Pelster, Matthias, Annette Hofmann, Nina Klocke, and Sonja Warkulat. “Dark
    Triad Personality Traits and Selective Hedging.” <i>Journal of Business Ethics</i>,
    n.d. <a href="https://doi.org/10.1007/s10551-021-04985-z">https://doi.org/10.1007/s10551-021-04985-z</a>.
  ieee: 'M. Pelster, A. Hofmann, N. Klocke, and S. Warkulat, “Dark Triad Personality
    Traits and Selective Hedging,” <i>Journal of Business Ethics</i>, doi: <a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>.'
  mla: Pelster, Matthias, et al. “Dark Triad Personality Traits and Selective Hedging.”
    <i>Journal of Business Ethics</i>, Springer, doi:<a href="https://doi.org/10.1007/s10551-021-04985-z">10.1007/s10551-021-04985-z</a>.
  short: M. Pelster, A. Hofmann, N. Klocke, S. Warkulat, Journal of Business Ethics
    (n.d.).
date_created: 2021-10-25T09:17:03Z
date_updated: 2022-05-20T10:16:58Z
department:
- _id: '186'
- _id: '578'
doi: 10.1007/s10551-021-04985-z
language:
- iso: eng
publication: Journal of Business Ethics
publication_status: accepted
publisher: Springer
quality_controlled: '1'
status: public
title: Dark Triad Personality Traits and Selective Hedging
type: journal_article
user_id: '67243'
year: '2021'
...
---
_id: '19895'
author:
- first_name: Sören
  full_name: Steiger, Sören
  last_name: Steiger
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Steiger S, Pelster M. Social interactions and asset pricing bubbles. <i>Journal
    of Economic Behavior &#38; Organization</i>. 2020;179:503-522. doi:<a href="https://doi.org/10.1016/j.jebo.2020.09.020">10.1016/j.jebo.2020.09.020</a>
  apa: Steiger, S., &#38; Pelster, M. (2020). Social interactions and asset pricing
    bubbles. <i>Journal of Economic Behavior &#38; Organization</i>, <i>179</i>, 503–522.
    <a href="https://doi.org/10.1016/j.jebo.2020.09.020">https://doi.org/10.1016/j.jebo.2020.09.020</a>
  bibtex: '@article{Steiger_Pelster_2020, title={Social interactions and asset pricing
    bubbles}, volume={179}, DOI={<a href="https://doi.org/10.1016/j.jebo.2020.09.020">10.1016/j.jebo.2020.09.020</a>},
    journal={Journal of Economic Behavior &#38; Organization}, author={Steiger, Sören
    and Pelster, Matthias}, year={2020}, pages={503–522} }'
  chicago: 'Steiger, Sören, and Matthias Pelster. “Social Interactions and Asset Pricing
    Bubbles.” <i>Journal of Economic Behavior &#38; Organization</i> 179 (2020): 503–22.
    <a href="https://doi.org/10.1016/j.jebo.2020.09.020">https://doi.org/10.1016/j.jebo.2020.09.020</a>.'
  ieee: S. Steiger and M. Pelster, “Social interactions and asset pricing bubbles,”
    <i>Journal of Economic Behavior &#38; Organization</i>, vol. 179, pp. 503–522,
    2020.
  mla: Steiger, Sören, and Matthias Pelster. “Social Interactions and Asset Pricing
    Bubbles.” <i>Journal of Economic Behavior &#38; Organization</i>, vol. 179, 2020,
    pp. 503–22, doi:<a href="https://doi.org/10.1016/j.jebo.2020.09.020">10.1016/j.jebo.2020.09.020</a>.
  short: S. Steiger, M. Pelster, Journal of Economic Behavior &#38; Organization 179
    (2020) 503–522.
date_created: 2020-10-06T06:17:16Z
date_updated: 2022-01-06T06:54:14Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jebo.2020.09.020
intvolume: '       179'
language:
- iso: eng
page: 503-522
publication: Journal of Economic Behavior & Organization
publication_identifier:
  issn:
  - 0167-2681
publication_status: published
status: public
title: Social interactions and asset pricing bubbles
type: journal_article
user_id: '67265'
volume: 179
year: '2020'
...
---
_id: '17730'
article_number: '101717'
author:
- first_name: Regina
  full_name: Ortmann, Regina
  id: '10020'
  last_name: Ortmann
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Sascha Tobias
  full_name: Wengerek, Sascha Tobias
  id: '48837'
  last_name: Wengerek
  orcid: 0000-0002-7820-3903
citation:
  ama: Ortmann R, Pelster M, Wengerek ST. COVID-19 and investor behavior. <i>Finance
    Research Letters</i>. 2020;37. doi:<a href="https://doi.org/10.1016/j.frl.2020.101717">10.1016/j.frl.2020.101717</a>
  apa: Ortmann, R., Pelster, M., &#38; Wengerek, S. T. (2020). COVID-19 and investor
    behavior. <i>Finance Research Letters</i>, <i>37</i>. <a href="https://doi.org/10.1016/j.frl.2020.101717">https://doi.org/10.1016/j.frl.2020.101717</a>
  bibtex: '@article{Ortmann_Pelster_Wengerek_2020, title={COVID-19 and investor behavior},
    volume={37}, DOI={<a href="https://doi.org/10.1016/j.frl.2020.101717">10.1016/j.frl.2020.101717</a>},
    number={101717}, journal={Finance Research Letters}, author={Ortmann, Regina and
    Pelster, Matthias and Wengerek, Sascha Tobias}, year={2020} }'
  chicago: Ortmann, Regina, Matthias Pelster, and Sascha Tobias Wengerek. “COVID-19
    and Investor Behavior.” <i>Finance Research Letters</i> 37 (2020). <a href="https://doi.org/10.1016/j.frl.2020.101717">https://doi.org/10.1016/j.frl.2020.101717</a>.
  ieee: R. Ortmann, M. Pelster, and S. T. Wengerek, “COVID-19 and investor behavior,”
    <i>Finance Research Letters</i>, vol. 37, 2020.
  mla: Ortmann, Regina, et al. “COVID-19 and Investor Behavior.” <i>Finance Research
    Letters</i>, vol. 37, 101717, 2020, doi:<a href="https://doi.org/10.1016/j.frl.2020.101717">10.1016/j.frl.2020.101717</a>.
  short: R. Ortmann, M. Pelster, S.T. Wengerek, Finance Research Letters 37 (2020).
date_created: 2020-08-08T08:52:14Z
date_updated: 2022-01-06T06:53:19Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.frl.2020.101717
intvolume: '        37'
language:
- iso: eng
publication: Finance Research Letters
publication_identifier:
  issn:
  - 1544-6123
publication_status: published
status: public
title: COVID-19 and investor behavior
type: journal_article
user_id: '67265'
volume: 37
year: '2020'
...
---
_id: '19043'
article_number: '100397'
author:
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
citation:
  ama: 'Hasso T, Pelster M, Breitmayer B. Terror attacks and individual investor behavior:
    Evidence from the 2015–2017 European terror attacks. <i>Journal of Behavioral
    and Experimental Finance</i>. 2020;28. doi:<a href="https://doi.org/10.1016/j.jbef.2020.100397">10.1016/j.jbef.2020.100397</a>'
  apa: 'Hasso, T., Pelster, M., &#38; Breitmayer, B. (2020). Terror attacks and individual
    investor behavior: Evidence from the 2015–2017 European terror attacks. <i>Journal
    of Behavioral and Experimental Finance</i>, <i>28</i>. <a href="https://doi.org/10.1016/j.jbef.2020.100397">https://doi.org/10.1016/j.jbef.2020.100397</a>'
  bibtex: '@article{Hasso_Pelster_Breitmayer_2020, title={Terror attacks and individual
    investor behavior: Evidence from the 2015–2017 European terror attacks}, volume={28},
    DOI={<a href="https://doi.org/10.1016/j.jbef.2020.100397">10.1016/j.jbef.2020.100397</a>},
    number={100397}, journal={Journal of Behavioral and Experimental Finance}, author={Hasso,
    Tim and Pelster, Matthias and Breitmayer, Bastian}, year={2020} }'
  chicago: 'Hasso, Tim, Matthias Pelster, and Bastian Breitmayer. “Terror Attacks
    and Individual Investor Behavior: Evidence from the 2015–2017 European Terror
    Attacks.” <i>Journal of Behavioral and Experimental Finance</i> 28 (2020). <a
    href="https://doi.org/10.1016/j.jbef.2020.100397">https://doi.org/10.1016/j.jbef.2020.100397</a>.'
  ieee: 'T. Hasso, M. Pelster, and B. Breitmayer, “Terror attacks and individual investor
    behavior: Evidence from the 2015–2017 European terror attacks,” <i>Journal of
    Behavioral and Experimental Finance</i>, vol. 28, 2020.'
  mla: 'Hasso, Tim, et al. “Terror Attacks and Individual Investor Behavior: Evidence
    from the 2015–2017 European Terror Attacks.” <i>Journal of Behavioral and Experimental
    Finance</i>, vol. 28, 100397, 2020, doi:<a href="https://doi.org/10.1016/j.jbef.2020.100397">10.1016/j.jbef.2020.100397</a>.'
  short: T. Hasso, M. Pelster, B. Breitmayer, Journal of Behavioral and Experimental
    Finance 28 (2020).
date_created: 2020-09-06T07:14:36Z
date_updated: 2022-01-06T06:53:57Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jbef.2020.100397
intvolume: '        28'
language:
- iso: eng
publication: Journal of Behavioral and Experimental Finance
publication_identifier:
  issn:
  - 2214-6350
publication_status: published
status: public
title: 'Terror attacks and individual investor behavior: Evidence from the 2015–2017
  European terror attacks'
type: journal_article
user_id: '67265'
volume: 28
year: '2020'
...
---
_id: '17051'
article_number: '105680'
author:
- first_name: Minh-Lý
  full_name: Liêu, Minh-Lý
  last_name: Liêu
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: 'Liêu M-L, Pelster M. The disposition effect in a scopic regime: Data from
    a laboratory experiment. <i>Data in Brief</i>. 2020. doi:<a href="https://doi.org/10.1016/j.dib.2020.105680">10.1016/j.dib.2020.105680</a>'
  apa: 'Liêu, M.-L., &#38; Pelster, M. (2020). The disposition effect in a scopic
    regime: Data from a laboratory experiment. <i>Data in Brief</i>. <a href="https://doi.org/10.1016/j.dib.2020.105680">https://doi.org/10.1016/j.dib.2020.105680</a>'
  bibtex: '@article{Liêu_Pelster_2020, title={The disposition effect in a scopic regime:
    Data from a laboratory experiment}, DOI={<a href="https://doi.org/10.1016/j.dib.2020.105680">10.1016/j.dib.2020.105680</a>},
    number={105680}, journal={Data in Brief}, author={Liêu, Minh-Lý and Pelster, Matthias},
    year={2020} }'
  chicago: 'Liêu, Minh-Lý, and Matthias Pelster. “The Disposition Effect in a Scopic
    Regime: Data from a Laboratory Experiment.” <i>Data in Brief</i>, 2020. <a href="https://doi.org/10.1016/j.dib.2020.105680">https://doi.org/10.1016/j.dib.2020.105680</a>.'
  ieee: 'M.-L. Liêu and M. Pelster, “The disposition effect in a scopic regime: Data
    from a laboratory experiment,” <i>Data in Brief</i>, 2020.'
  mla: 'Liêu, Minh-Lý, and Matthias Pelster. “The Disposition Effect in a Scopic Regime:
    Data from a Laboratory Experiment.” <i>Data in Brief</i>, 105680, 2020, doi:<a
    href="https://doi.org/10.1016/j.dib.2020.105680">10.1016/j.dib.2020.105680</a>.'
  short: M.-L. Liêu, M. Pelster, Data in Brief (2020).
date_created: 2020-05-20T09:14:20Z
date_updated: 2022-01-06T06:53:03Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.dib.2020.105680
language:
- iso: eng
publication: Data in Brief
publication_identifier:
  issn:
  - 2352-3409
publication_status: published
status: public
title: 'The disposition effect in a scopic regime: Data from a laboratory experiment'
type: journal_article
user_id: '67265'
year: '2020'
...
---
_id: '15306'
article_number: '108887'
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: 'Pelster M. The gambler’s and hot-hand fallacies: Empirical evidence from trading
    data. <i>Economics Letters</i>. 2020;187. doi:<a href="https://doi.org/10.1016/j.econlet.2019.108887">10.1016/j.econlet.2019.108887</a>'
  apa: 'Pelster, M. (2020). The gambler’s and hot-hand fallacies: Empirical evidence
    from trading data. <i>Economics Letters</i>, <i>187</i>. <a href="https://doi.org/10.1016/j.econlet.2019.108887">https://doi.org/10.1016/j.econlet.2019.108887</a>'
  bibtex: '@article{Pelster_2020, title={The gambler’s and hot-hand fallacies: Empirical
    evidence from trading data}, volume={187}, DOI={<a href="https://doi.org/10.1016/j.econlet.2019.108887">10.1016/j.econlet.2019.108887</a>},
    number={108887}, journal={Economics Letters}, author={Pelster, Matthias}, year={2020}
    }'
  chicago: 'Pelster, Matthias. “The Gambler’s and Hot-Hand Fallacies: Empirical Evidence
    from Trading Data.” <i>Economics Letters</i> 187 (2020). <a href="https://doi.org/10.1016/j.econlet.2019.108887">https://doi.org/10.1016/j.econlet.2019.108887</a>.'
  ieee: 'M. Pelster, “The gambler’s and hot-hand fallacies: Empirical evidence from
    trading data,” <i>Economics Letters</i>, vol. 187, 2020.'
  mla: 'Pelster, Matthias. “The Gambler’s and Hot-Hand Fallacies: Empirical Evidence
    from Trading Data.” <i>Economics Letters</i>, vol. 187, 108887, 2020, doi:<a href="https://doi.org/10.1016/j.econlet.2019.108887">10.1016/j.econlet.2019.108887</a>.'
  short: M. Pelster, Economics Letters 187 (2020).
date_created: 2019-12-11T16:11:57Z
date_updated: 2022-01-06T06:52:20Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.econlet.2019.108887
intvolume: '       187'
language:
- iso: eng
publication: Economics Letters
publication_identifier:
  issn:
  - 0165-1765
publication_status: published
status: public
title: 'The gambler’s and hot-hand fallacies: Empirical evidence from trading data'
type: journal_article
user_id: '67265'
volume: 187
year: '2020'
...
---
_id: '15744'
author:
- first_name: Minh Ly
  full_name: Liêu, Minh Ly
  last_name: Liêu
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Liêu ML, Pelster M. Framing and the disposition effect in a scopic regime.
    <i>The Quarterly Review of Economics and Finance</i>. 2020;78:175-185. doi:<a
    href="https://doi.org/10.1016/j.qref.2020.01.008">10.1016/j.qref.2020.01.008</a>
  apa: Liêu, M. L., &#38; Pelster, M. (2020). Framing and the disposition effect in
    a scopic regime. <i>The Quarterly Review of Economics and Finance</i>, <i>78</i>,
    175–185. <a href="https://doi.org/10.1016/j.qref.2020.01.008">https://doi.org/10.1016/j.qref.2020.01.008</a>
  bibtex: '@article{Liêu_Pelster_2020, title={Framing and the disposition effect in
    a scopic regime}, volume={78}, DOI={<a href="https://doi.org/10.1016/j.qref.2020.01.008">10.1016/j.qref.2020.01.008</a>},
    journal={The Quarterly Review of Economics and Finance}, author={Liêu, Minh Ly
    and Pelster, Matthias}, year={2020}, pages={175–185} }'
  chicago: 'Liêu, Minh Ly, and Matthias Pelster. “Framing and the Disposition Effect
    in a Scopic Regime.” <i>The Quarterly Review of Economics and Finance</i> 78 (2020):
    175–85. <a href="https://doi.org/10.1016/j.qref.2020.01.008">https://doi.org/10.1016/j.qref.2020.01.008</a>.'
  ieee: M. L. Liêu and M. Pelster, “Framing and the disposition effect in a scopic
    regime,” <i>The Quarterly Review of Economics and Finance</i>, vol. 78, pp. 175–185,
    2020.
  mla: Liêu, Minh Ly, and Matthias Pelster. “Framing and the Disposition Effect in
    a Scopic Regime.” <i>The Quarterly Review of Economics and Finance</i>, vol. 78,
    2020, pp. 175–85, doi:<a href="https://doi.org/10.1016/j.qref.2020.01.008">10.1016/j.qref.2020.01.008</a>.
  short: M.L. Liêu, M. Pelster, The Quarterly Review of Economics and Finance 78 (2020)
    175–185.
date_created: 2020-02-01T14:21:34Z
date_updated: 2022-01-06T06:52:32Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.qref.2020.01.008
intvolume: '        78'
language:
- iso: eng
page: 175-185
publication: The Quarterly Review of Economics and Finance
publication_identifier:
  issn:
  - 1062-9769
publication_status: published
status: public
title: Framing and the disposition effect in a scopic regime
type: journal_article
user_id: '67265'
volume: 78
year: '2020'
...
---
_id: '4561'
abstract:
- lang: eng
  text: We exploit a unique sample of structured financial products (SFPs) to analyze
    pricing and issuance dependencies among different types of such market‐linked
    investment vehicles. Our study provides evidence of cross‐pricing between products
    with complementary payoff profiles. Such dependencies may be explained by issuers’
    efforts to generate order flow for products that supplement their current SFP
    risk exposure. Additionally, we observe issuance patterns in line with the argument
    that issuers exploit the complementarity payout profiles when bringing SFPs to
    market. Our study emphasizes cross‐pricing from a perspective not previously considered
    in the literature.
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Andrea
  full_name: Schertler, Andrea
  last_name: Schertler
citation:
  ama: Pelster M, Schertler A. Pricing and issuance dependencies in SFP portfolios.
    <i>Journal of Futures Markets</i>. 2019;39(3):342-365. doi:<a href="https://doi.org/10.1002/fut.21978">10.1002/fut.21978</a>
  apa: Pelster, M., &#38; Schertler, A. (2019). Pricing and issuance dependencies
    in SFP portfolios. <i>Journal of Futures Markets</i>, <i>39</i>(3), 342–365. <a
    href="https://doi.org/10.1002/fut.21978">https://doi.org/10.1002/fut.21978</a>
  bibtex: '@article{Pelster_Schertler_2019, title={Pricing and issuance dependencies
    in SFP portfolios}, volume={39}, DOI={<a href="https://doi.org/10.1002/fut.21978">10.1002/fut.21978</a>},
    number={3}, journal={Journal of Futures Markets}, author={Pelster, Matthias and
    Schertler, Andrea}, year={2019}, pages={342–365} }'
  chicago: 'Pelster, Matthias, and Andrea Schertler. “Pricing and Issuance Dependencies
    in SFP Portfolios.” <i>Journal of Futures Markets</i> 39, no. 3 (2019): 342–65.
    <a href="https://doi.org/10.1002/fut.21978">https://doi.org/10.1002/fut.21978</a>.'
  ieee: M. Pelster and A. Schertler, “Pricing and issuance dependencies in SFP portfolios,”
    <i>Journal of Futures Markets</i>, vol. 39, no. 3, pp. 342–365, 2019.
  mla: Pelster, Matthias, and Andrea Schertler. “Pricing and Issuance Dependencies
    in SFP Portfolios.” <i>Journal of Futures Markets</i>, vol. 39, no. 3, 2019, pp.
    342–65, doi:<a href="https://doi.org/10.1002/fut.21978">10.1002/fut.21978</a>.
  short: M. Pelster, A. Schertler, Journal of Futures Markets 39 (2019) 342–365.
date_created: 2018-10-01T11:45:28Z
date_updated: 2022-01-06T07:01:10Z
ddc:
- '330'
department:
- _id: '186'
- _id: '578'
doi: 10.1002/fut.21978
file:
- access_level: closed
  content_type: application/pdf
  creator: bange
  date_created: 2019-02-06T13:06:50Z
  date_updated: 2019-02-06T13:06:50Z
  file_id: '7566'
  file_name: Pelster 2019 SFP.pdf
  file_size: 1658836
  relation: main_file
  success: 1
file_date_updated: 2019-02-06T13:06:50Z
has_accepted_license: '1'
intvolume: '        39'
issue: '3'
jel:
- G12
- G13
- G14
- G24
keyword:
- cross‐pricing
- discount certificate
- hedging
- issuance decisions
- put warrants
- structured financial products
language:
- iso: eng
page: 342-365
publication: Journal of Futures Markets
publication_status: published
status: public
title: Pricing and issuance dependencies in SFP portfolios
type: journal_article
user_id: '21810'
volume: 39
year: '2019'
...
---
_id: '8892'
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
citation:
  ama: 'Pelster M, Breitmayer B. Attracting attention from peers: Excitement in social
    trading. <i>Journal of Economic Behavior &#38; Organization</i>. 2019;161:158-179.
    doi:<a href="https://doi.org/10.1016/j.jebo.2019.03.010">10.1016/j.jebo.2019.03.010</a>'
  apa: 'Pelster, M., &#38; Breitmayer, B. (2019). Attracting attention from peers:
    Excitement in social trading. <i>Journal of Economic Behavior &#38; Organization</i>,
    <i>161</i>, 158–179. <a href="https://doi.org/10.1016/j.jebo.2019.03.010">https://doi.org/10.1016/j.jebo.2019.03.010</a>'
  bibtex: '@article{Pelster_Breitmayer_2019, title={Attracting attention from peers:
    Excitement in social trading}, volume={161}, DOI={<a href="https://doi.org/10.1016/j.jebo.2019.03.010">10.1016/j.jebo.2019.03.010</a>},
    journal={Journal of Economic Behavior &#38; Organization}, author={Pelster, Matthias
    and Breitmayer, Bastian}, year={2019}, pages={158–179} }'
  chicago: 'Pelster, Matthias, and Bastian Breitmayer. “Attracting Attention from
    Peers: Excitement in Social Trading.” <i>Journal of Economic Behavior &#38; Organization</i>
    161 (2019): 158–79. <a href="https://doi.org/10.1016/j.jebo.2019.03.010">https://doi.org/10.1016/j.jebo.2019.03.010</a>.'
  ieee: 'M. Pelster and B. Breitmayer, “Attracting attention from peers: Excitement
    in social trading,” <i>Journal of Economic Behavior &#38; Organization</i>, vol.
    161, pp. 158–179, 2019.'
  mla: 'Pelster, Matthias, and Bastian Breitmayer. “Attracting Attention from Peers:
    Excitement in Social Trading.” <i>Journal of Economic Behavior &#38; Organization</i>,
    vol. 161, 2019, pp. 158–79, doi:<a href="https://doi.org/10.1016/j.jebo.2019.03.010">10.1016/j.jebo.2019.03.010</a>.'
  short: M. Pelster, B. Breitmayer, Journal of Economic Behavior &#38; Organization
    161 (2019) 158–179.
date_created: 2019-04-14T08:19:54Z
date_updated: 2022-01-06T07:04:05Z
ddc:
- '330'
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jebo.2019.03.010
intvolume: '       161'
language:
- iso: eng
page: 158-179
publication: Journal of Economic Behavior & Organization
publication_identifier:
  issn:
  - 0167-2681
publication_status: published
status: public
title: 'Attracting attention from peers: Excitement in social trading'
type: journal_article
user_id: '67265'
volume: 161
year: '2019'
...
---
_id: '13121'
article_number: '108653'
author:
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Breitmayer B, Hasso T, Pelster M. Culture and the disposition effect. <i>Economics
    Letters</i>. 2019;184. doi:<a href="https://doi.org/10.1016/j.econlet.2019.108653">10.1016/j.econlet.2019.108653</a>
  apa: Breitmayer, B., Hasso, T., &#38; Pelster, M. (2019). Culture and the disposition
    effect. <i>Economics Letters</i>, <i>184</i>. <a href="https://doi.org/10.1016/j.econlet.2019.108653">https://doi.org/10.1016/j.econlet.2019.108653</a>
  bibtex: '@article{Breitmayer_Hasso_Pelster_2019, title={Culture and the disposition
    effect}, volume={184}, DOI={<a href="https://doi.org/10.1016/j.econlet.2019.108653">10.1016/j.econlet.2019.108653</a>},
    number={108653}, journal={Economics Letters}, author={Breitmayer, Bastian and
    Hasso, Tim and Pelster, Matthias}, year={2019} }'
  chicago: Breitmayer, Bastian, Tim Hasso, and Matthias Pelster. “Culture and the
    Disposition Effect.” <i>Economics Letters</i> 184 (2019). <a href="https://doi.org/10.1016/j.econlet.2019.108653">https://doi.org/10.1016/j.econlet.2019.108653</a>.
  ieee: B. Breitmayer, T. Hasso, and M. Pelster, “Culture and the disposition effect,”
    <i>Economics Letters</i>, vol. 184, 2019.
  mla: Breitmayer, Bastian, et al. “Culture and the Disposition Effect.” <i>Economics
    Letters</i>, vol. 184, 108653, 2019, doi:<a href="https://doi.org/10.1016/j.econlet.2019.108653">10.1016/j.econlet.2019.108653</a>.
  short: B. Breitmayer, T. Hasso, M. Pelster, Economics Letters 184 (2019).
date_created: 2019-08-31T08:36:59Z
date_updated: 2022-01-06T06:51:28Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.econlet.2019.108653
intvolume: '       184'
language:
- iso: eng
publication: Economics Letters
publication_identifier:
  issn:
  - 0165-1765
publication_status: published
quality_controlled: '1'
status: public
title: Culture and the disposition effect
type: journal_article
user_id: '67265'
volume: 184
year: '2019'
...
---
_id: '13122'
author:
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
- first_name: Filippo
  full_name: Massari, Filippo
  last_name: Massari
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
citation:
  ama: Breitmayer B, Massari F, Pelster M. Swarm intelligence? Stock opinions of the
    crowd and stock returns. <i>International Review of Economics &#38; Finance</i>.
    2019;64:443-464. doi:<a href="https://doi.org/10.1016/j.iref.2019.08.006">10.1016/j.iref.2019.08.006</a>
  apa: Breitmayer, B., Massari, F., &#38; Pelster, M. (2019). Swarm intelligence?
    Stock opinions of the crowd and stock returns. <i>International Review of Economics
    &#38; Finance</i>, <i>64</i>, 443–464. <a href="https://doi.org/10.1016/j.iref.2019.08.006">https://doi.org/10.1016/j.iref.2019.08.006</a>
  bibtex: '@article{Breitmayer_Massari_Pelster_2019, title={Swarm intelligence? Stock
    opinions of the crowd and stock returns}, volume={64}, DOI={<a href="https://doi.org/10.1016/j.iref.2019.08.006">10.1016/j.iref.2019.08.006</a>},
    journal={International Review of Economics &#38; Finance}, author={Breitmayer,
    Bastian and Massari, Filippo and Pelster, Matthias}, year={2019}, pages={443–464}
    }'
  chicago: 'Breitmayer, Bastian, Filippo Massari, and Matthias Pelster. “Swarm Intelligence?
    Stock Opinions of the Crowd and Stock Returns.” <i>International Review of Economics
    &#38; Finance</i> 64 (2019): 443–64. <a href="https://doi.org/10.1016/j.iref.2019.08.006">https://doi.org/10.1016/j.iref.2019.08.006</a>.'
  ieee: B. Breitmayer, F. Massari, and M. Pelster, “Swarm intelligence? Stock opinions
    of the crowd and stock returns,” <i>International Review of Economics &#38; Finance</i>,
    vol. 64, pp. 443–464, 2019.
  mla: Breitmayer, Bastian, et al. “Swarm Intelligence? Stock Opinions of the Crowd
    and Stock Returns.” <i>International Review of Economics &#38; Finance</i>, vol.
    64, 2019, pp. 443–64, doi:<a href="https://doi.org/10.1016/j.iref.2019.08.006">10.1016/j.iref.2019.08.006</a>.
  short: B. Breitmayer, F. Massari, M. Pelster, International Review of Economics
    &#38; Finance 64 (2019) 443–464.
date_created: 2019-09-01T06:49:42Z
date_updated: 2022-01-06T06:51:28Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.iref.2019.08.006
intvolume: '        64'
language:
- iso: eng
page: 443-464
publication: International Review of Economics & Finance
publication_identifier:
  issn:
  - 1059-0560
publication_status: published
quality_controlled: '1'
status: public
title: Swarm intelligence? Stock opinions of the crowd and stock returns
type: journal_article
user_id: '67265'
volume: 64
year: '2019'
...
---
_id: '10103'
abstract:
- lang: eng
  text: We investigate the demographic characteristics, trading patterns, and performance
    of 465.926 brokerage accounts with respect to cryptocurrency trading. We find
    that cryptocurrency trading became increasingly popular across individuals of
    all different groups of age, gender, and trading patterns. Yet, men are more likely
    to engage in cryptocurrency trading, trade more frequently, and more speculative,
    respectively. As a result, men realize lower returns. Furthermore, we find that
    investors vary their trading patterns across different asset classes.
article_type: original
author:
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
citation:
  ama: Hasso T, Pelster M, Breitmayer B. Who trades cryptocurrencies, how do they
    trade it, and how do they perform? Evidence from brokerage accounts. <i>Journal
    of Behavioral and Experimental Finance</i>. 2019;23:64-74. doi:<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>
  apa: Hasso, T., Pelster, M., &#38; Breitmayer, B. (2019). Who trades cryptocurrencies,
    how do they trade it, and how do they perform? Evidence from brokerage accounts.
    <i>Journal of Behavioral and Experimental Finance</i>, <i>23</i>, 64–74. <a href="https://doi.org/10.1016/j.jbef.2019.04.009">https://doi.org/10.1016/j.jbef.2019.04.009</a>
  bibtex: '@article{Hasso_Pelster_Breitmayer_2019, title={Who trades cryptocurrencies,
    how do they trade it, and how do they perform? Evidence from brokerage accounts},
    volume={23}, DOI={<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>},
    journal={Journal of Behavioral and Experimental Finance}, publisher={Elsevier},
    author={Hasso, Tim and Pelster, Matthias and Breitmayer, Bastian}, year={2019},
    pages={64–74} }'
  chicago: 'Hasso, Tim, Matthias Pelster, and Bastian Breitmayer. “Who Trades Cryptocurrencies,
    How Do They Trade It, and How Do They Perform? Evidence from Brokerage Accounts.”
    <i>Journal of Behavioral and Experimental Finance</i> 23 (2019): 64–74. <a href="https://doi.org/10.1016/j.jbef.2019.04.009">https://doi.org/10.1016/j.jbef.2019.04.009</a>.'
  ieee: T. Hasso, M. Pelster, and B. Breitmayer, “Who trades cryptocurrencies, how
    do they trade it, and how do they perform? Evidence from brokerage accounts,”
    <i>Journal of Behavioral and Experimental Finance</i>, vol. 23, pp. 64–74, 2019.
  mla: Hasso, Tim, et al. “Who Trades Cryptocurrencies, How Do They Trade It, and
    How Do They Perform? Evidence from Brokerage Accounts.” <i>Journal of Behavioral
    and Experimental Finance</i>, vol. 23, Elsevier, 2019, pp. 64–74, doi:<a href="https://doi.org/10.1016/j.jbef.2019.04.009">10.1016/j.jbef.2019.04.009</a>.
  short: T. Hasso, M. Pelster, B. Breitmayer, Journal of Behavioral and Experimental
    Finance 23 (2019) 64–74.
date_created: 2019-06-04T07:01:34Z
date_updated: 2022-01-06T06:50:29Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.jbef.2019.04.009
intvolume: '        23'
jel:
- G11
keyword:
- Cryptocurrencies Bitcoin Trading Investor returns Demographics
language:
- iso: eng
page: 64-74
publication: Journal of Behavioral and Experimental Finance
publication_status: published
publisher: Elsevier
status: public
title: Who trades cryptocurrencies, how do they trade it, and how do they perform?
  Evidence from brokerage accounts
type: journal_article
user_id: '21810'
volume: 23
year: '2019'
...
---
_id: '10279'
abstract:
- lang: eng
  text: 'Are cryptocurrency traders driven by a desire to invest in a new asset class
    to diversify their portfolio or are they merely seeking to increase their levels
    of risk? To answer this question, we use individual-level brokerage data and study
    their behavior in stock trading around the time they engage in their first cryptocurrency
    trade. We find that when engaging in cryptocurrency trading investors simultaneously
    increase their risk-seeking behavior in stock trading as they increase their trading
    intensity and use of leverage. The increase in risk-seeking in stocks is particularly
    pronounced when volatility in cryptocurrency returns is low, suggesting that their
    overall behavior is driven by excitement-seeking. '
article_type: original
author:
- first_name: Matthias
  full_name: Pelster, Matthias
  id: '67265'
  last_name: Pelster
  orcid: ' https://orcid.org/0000-0001-5740-2420'
- first_name: Bastian
  full_name: Breitmayer, Bastian
  last_name: Breitmayer
- first_name: Tim
  full_name: Hasso, Tim
  last_name: Hasso
citation:
  ama: Pelster M, Breitmayer B, Hasso T. Are cryptocurrency traders pioneers or just
    risk-seekers? evidence from brokerage accounts. <i>Economics Letters</i>. 2019;182:98-100.
    doi:<a href="https://doi.org/10.1016/j.econlet.2019.06.013">10.1016/j.econlet.2019.06.013</a>
  apa: Pelster, M., Breitmayer, B., &#38; Hasso, T. (2019). Are cryptocurrency traders
    pioneers or just risk-seekers? evidence from brokerage accounts. <i>Economics
    Letters</i>, <i>182</i>, 98–100. <a href="https://doi.org/10.1016/j.econlet.2019.06.013">https://doi.org/10.1016/j.econlet.2019.06.013</a>
  bibtex: '@article{Pelster_Breitmayer_Hasso_2019, title={Are cryptocurrency traders
    pioneers or just risk-seekers? evidence from brokerage accounts}, volume={182},
    DOI={<a href="https://doi.org/10.1016/j.econlet.2019.06.013">10.1016/j.econlet.2019.06.013</a>},
    journal={Economics Letters}, author={Pelster, Matthias and Breitmayer, Bastian
    and Hasso, Tim}, year={2019}, pages={98–100} }'
  chicago: 'Pelster, Matthias, Bastian Breitmayer, and Tim Hasso. “Are Cryptocurrency
    Traders Pioneers or Just Risk-Seekers? Evidence from Brokerage Accounts.” <i>Economics
    Letters</i> 182 (2019): 98–100. <a href="https://doi.org/10.1016/j.econlet.2019.06.013">https://doi.org/10.1016/j.econlet.2019.06.013</a>.'
  ieee: M. Pelster, B. Breitmayer, and T. Hasso, “Are cryptocurrency traders pioneers
    or just risk-seekers? evidence from brokerage accounts,” <i>Economics Letters</i>,
    vol. 182, pp. 98–100, 2019.
  mla: Pelster, Matthias, et al. “Are Cryptocurrency Traders Pioneers or Just Risk-Seekers?
    Evidence from Brokerage Accounts.” <i>Economics Letters</i>, vol. 182, 2019, pp.
    98–100, doi:<a href="https://doi.org/10.1016/j.econlet.2019.06.013">10.1016/j.econlet.2019.06.013</a>.
  short: M. Pelster, B. Breitmayer, T. Hasso, Economics Letters 182 (2019) 98–100.
date_created: 2019-06-19T19:00:44Z
date_updated: 2022-01-06T06:50:33Z
department:
- _id: '186'
- _id: '578'
doi: 10.1016/j.econlet.2019.06.013
intvolume: '       182'
jel:
- D1
- G1
keyword:
- cryptocurrencies
- bitcoin
- investor
- risk-seeking
language:
- iso: eng
page: 98-100
publication: Economics Letters
publication_identifier:
  issn:
  - 0165-1765
publication_status: published
status: public
title: Are cryptocurrency traders pioneers or just risk-seekers? evidence from brokerage
  accounts
type: journal_article
user_id: '21810'
volume: 182
year: '2019'
...