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Experimentelle Untersuchung der Optimalität von Investitionsentscheidungen
[Do personal and experiment-specific characteristics influence the optimality of investment decisions?]

Author

Listed:
  • Gesa Sophie Holst

    (Georg-August-Universität Göttingen)

  • Alexander März

    (Georg-August-Universität Göttingen)

  • Oliver Mußhoff

    (Georg-August-Universität Göttingen)

Abstract

Zusammenfassung In der Literatur finden sich zahlreiche Hinweise darauf, dass Entscheider häufig nicht den optimalen Investitionszeitpunkt wählen. Bisher gibt es jedoch nur wenige Studien, die analysieren, wovon das Treffen von zu frühen bzw. zu späten Investitionsentscheidungen abhängig ist. In diesem Beitrag wird dieser Frage nachgegangen, indem experimentell getroffene Investitionsentscheidungen hinsichtlich ihrer Güte untersucht werden. Der Realoptionsansatz wird dabei genutzt, um eine Benchmark herzuleiten. Zur Analyse der Daten, findet ein multinomiales additiv gemischtes Modell Anwendung. Die Ergebnisse machen deutlich, dass die Güte der getroffenen Investitionsentscheidungen von entscheiderspezifischen Variablen abhängig ist. Darüber hinaus beeinflusst das Design des Experiments die Güte der getroffenen Investitionsentscheidungen.

Suggested Citation

  • Gesa Sophie Holst & Alexander März & Oliver Mußhoff, 2016. "Experimentelle Untersuchung der Optimalität von Investitionsentscheidungen [Do personal and experiment-specific characteristics influence the optimality of investment decisions?]," Schmalenbach Journal of Business Research, Springer, vol. 68(2), pages 167-192, July.
    • Handle: RePEc:spr:sjobre:v:68:y:2016:i:2:d:10.1007_s41471-016-0012-y
    DOI: 10.1007/s41471-016-0012-y
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    References listed on IDEAS

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