Andere Kunden interessierten sich auch für
![Kann die Loss Aversion zur Erklärung des Equity Premium Puzzle beitragen?]( "Kann die Loss Aversion zur Erklärung des Equity Premium Puzzle beitragen?")
Kann die Loss Aversion zur Erklärung des Equity Premium Puzzle beitragen?17,95 €![An economic evaluation of the Wreckage Premium]( "An economic evaluation of the Wreckage Premium")
An economic evaluation of the Wreckage Premium18,95 €![Which factors influence the sustainability of self help group projects in Taita Taveta District?]( "Which factors influence the sustainability of self help group projects in Taita Taveta District?")
Which factors influence the sustainability of self help group projects in Taita Taveta District?42,95 €![Examination of the extent to which the employment relationship is becoming more individualistic]( "Examination of the extent to which the employment relationship is becoming more individualistic")
Examination of the extent to which the employment relationship is becoming more individualistic17,95 €![The Retirement-Consumption Puzzle: Theory and Empirical Evidence]( "The Retirement-Consumption Puzzle: Theory and Empirical Evidence")
The Retirement-Consumption Puzzle: Theory and Empirical Evidence18,95 €![Given the recent findings which indicate that job satisfaction is largely genetically determined, why should managers care about employee job satisfaction?]( "Given the recent findings which indicate that job satisfaction is largely genetically determined, why should managers care about employee job satisfaction?")
Given the recent findings which indicate that job satisfaction is largely genetically determined, why should managers care about employee job satisfaction?17,95 €![Weaknesses of the Amazon Marketplace. Which factors contribute to the fact that suppliers are increasingly looking for new trading platforms?]( "Weaknesses of the Amazon Marketplace. Which factors contribute to the fact that suppliers are increasingly looking for new trading platforms?")
Weaknesses of the Amazon Marketplace. Which factors contribute to the fact that suppliers are increasingly looking for new trading platforms?17,95 €
Seminar paper from the year 2018 in the subject Business economics - Investment and Finance, grade: 1.7, University of Hamburg, language: English, abstract: The work investigates the Equity Premium Puzzle as described by Siegel and Thaler in 1997. Investigations in the thesis are centered around the question of how behavioral economics can explain the anomalies of stock markets and the equity premium.As the research question implies, this work will examine solutions of the puzzle suggested from both the field of rational economics and behavioral economics. Due to a large number of various approaches to explain the puzzle over the past 30 years, this work will concentrate on a selected number of suggestions from various economists. I will examine assumptions and conditions of the solutions suggested, and analyze key theories applied in the resolutions. The quantitative foundation of models analyzed in this work will not be examined, as this would require detailed statistical and mathematical considerations. The work is structured as follows. I will to begin with outline the initial puzzle stated by Mehra and Prescott in 1985 and analyze key assumptions of their equilibrium model. Different resolutions of the puzzle suggested by rational and behavioral economics will then be examined, followed by an investigation of the empirical evidence behind the proposed solutions. A discussion will follow, and the author will reflect on the robustness and relevance of the puzzle. A conclusion will sum up the key elements of the work.