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Erschienen in:
Introduction Kapitel lesen Erstes Kapitel lesen

2017 | OriginalPaper | Buchkapitel

6. The Measurement of Proximity Bias

verfasst von : Ted Lindblom, Taylan Mavruk, Stefan Sjögren

Erschienen in: Proximity Bias in Investors’ Portfolio Choice

Verlag: Springer International Publishing

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Abstract

This chapter focuses on the development of appropriate proximity bias measures. In international studies, country borders are more or less natural dividing lines when determining the extent to which investors are home biased or foreign biased. It is less evident how to determine to what extent investors are locally biased within a country. Domestic studies use either a distance-based or a non-distance-based, community-oriented definition of geographical-proximity bias. In this chapter, we review the commonly adopted proximity bias measures in the literature and propose ways to further develop these measures.

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Vorheriges Kapitel The Financial Behavior of Individual Investors
Nächstes Kapitel Motives and Reasons for Proximity Bias
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Metadaten
Titel
The Measurement of Proximity Bias
verfasst von
Ted Lindblom
Taylan Mavruk
Stefan Sjögren
Copyright-Jahr
2017
Buch
Proximity Bias in Investors’ Portfolio Choice

Print ISBN: 978-3-319-54761-9

Electronic ISBN: 978-3-319-54762-6

Copyright-Jahr: 2017

DOI
https://doi.org/10.1007/978-3-319-54762-6_6