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California Institute of Technology: What Is in People's Minds When They Buy Stocks?
September 20, 2019
PASADENA, California, Sept. 20 [TNSsociologyresearch] -- The California Institute of Technology issued the following news:

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- The dominant model for financial decisions does not appear to explain people's behaviors

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When people buy stocks, they tend to have beliefs in place about how well the investments will perform and which ones are riskier bets. Economists would love to know what is going on in people's minds, but because that is . . .

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