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Born for Finance? Experimental Evidence of the Impact of Finance Education

Authors: Bryan C. McCannon; Jeffery H. Peterson;

Born for Finance? Experimental Evidence of the Impact of Finance Education

Abstract

What impact does a finance education have on the behaviors of individuals? Experiments of an investment game are conducted. In it, a wealth-creating investment decision is made. The recipient selects how much to return. This experiment is used to assess the willingness to make trusting and trustworthy decisions. The econometric method employed allows for a disentangling of the selection effects from learning. We show that finance students are not born, but rather made – those who choose to study finance behave similarly, but the effect of the education is to promote pro-social, trusting, and reciprocating behaviors that generate wealth.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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