SSRN-Irrational Diversification: An Experimental Examination of the Diversification Heuristic by Thierry Post, Guido Baltussen

While I am not always a fan of experimental economics (or finance in this case), this one is interesting and it gets to whether people diversify rationally or not.SSRN-Irrational Diversification: An Experimental Examination of the Diversification Heuristic by Thierry Post, Guido BaltussenShort version: people do an OK job, but not optimal and how the diversification topic is framed, influences