Tuesday, August 9, 2005

Optimism and Economic Choice by Manju Puri, David Robinson

Puri and Robinson give us a new look at the old idea that optimism matters.They identify optimists by looking at people's self-reported life expectancy. The findings are that not only do optimists work harder, but they buy more individual stock than their more pessimistic peers. .SSRN-Optimism and Economic Choice by Manju Puri, David Robinson:Short version:"Optimists are more likely to believe

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