TY  - GEN
N2  - We study three fundamental components of financial agency settings: Perception and communication of investment profiles, the interaction of agents? and clients? preferences, and the role of (non-)monetary incentives. The perception of investment profile terminology is very heterogeneous, resulting in substantial miscommunication between clients and agents. Financial agents show a high willingness to implement their clients? preferred investment profiles independent of monetary incentives. Agents? investments for their clients are biased by their own investment preferences.
UR  - https://archiv.ub.uni-heidelberg.de/volltextserver/27393/
EP  - 33
A1  - Kling, Luisa
A1  - König-Kersting, Christian
A1  - Trautmann, Stefan T.
KW  - decisions under risk
KW  -  decisions of agents
KW  -  risk perception
KW  -  financial advice
ID  - heidok27393
Y1  - 2019/11//
T3  - Discussion Paper Series / University of Heidelberg, Department of Economics
TI  - Investment Preferences and Risk Perception: Financial Agents versus Clients
CY  - Heidelberg
AV  - public
ER  -