Cover Image

Copy trading

Show other versions (2)

Abstract: Copy trading allows traders in social networks to receive information on the success of other agents in financial markets and to directly copy their trades. Internet platforms like eToro, ZuluTrade, and Tradeo have attracted millions of users in recent years. The present paper studies the...

Full description

Saved in:
Bibliographic Details
Main Authors: Apesteguia, Jose (Author) , Oechssler, Joerg (Author) , Weidenholzer, Simon (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Heidelberg University of Heidelberg, Department of Economics June 27, 2018
Series:Discussion paper series / University of Heidelberg, Department of Economics no. 649
In: Discussion paper series (no. 649)

DOI:10.11588/heidok.00024778
Subjects:
Graue Literatur
Online Access:Resolving-System, kostenfrei, Volltext: http://dx.doi.org/10.11588/heidok.00024778
Resolving-System, kostenfrei, Volltext: http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-247788
Verlag, kostenfrei, Volltext: http://archiv.ub.uni-heidelberg.de/volltextserver/24778/1/Apesteguia%2C%20Oechssler%2C%20and%20Weidenholzer%2C%202018%2C%20dp%20649.pdf
Resolving-System, kostenfrei: http://hdl.handle.net/10419/207625
Resolving-System, kostenfrei, Volltext: https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-247788
Get full text
Author Notes:Jose Apesteguia, Jörg Oechssler, and Simon Weidenholzer

MARC

LEADER 00000cam a2200000 c 4500
001 1027052835
003 DE-627
005 20241122000154.0
007 cr uuu---uuuuu
008 180904s2018 gw |||||o 00| ||eng c
024 7 |a urn:nbn:de:bsz:16-heidok-247788  |2 urn 
024 7 |a 10.11588/heidok.00024778  |2 doi 
024 7 |a 10419/207625  |2 hdl 
035 |a (DE-627)1027052835 
035 |a (DE-576)510678300 
035 |a (DE-599)GBV1027052835 
035 |a (OCoLC)1056133643 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
044 |c XA-DE 
082 0 4 |a 330 
084 |a 17  |2 sdnb 
084 |a C91  |a D81  |a G12  |a G20  |a G41  |2 jelc 
100 1 |a Apesteguia, Jose  |e VerfasserIn  |0 (DE-588)1155181638  |0 (DE-627)1016513399  |0 (DE-576)184438411  |4 aut 
245 1 0 |a Copy trading  |c Jose Apesteguia, Jörg Oechssler, and Simon Weidenholzer 
264 1 |a Heidelberg  |b University of Heidelberg, Department of Economics  |c June 27, 2018 
300 |a 1 Online-Ressource 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
490 1 |a Discussion paper series / University of Heidelberg, Department of Economics  |v no. 649 
500 |a Key words: Copy trading, Financial markets, Social networks, Imitation, Experiment; JEL codes: C91, D81, G12, G20, G41 
520 |a Abstract: Copy trading allows traders in social networks to receive information on the success of other agents in financial markets and to directly copy their trades. Internet platforms like eToro, ZuluTrade, and Tradeo have attracted millions of users in recent years. The present paper studies the implications of copy trading for the risk taking of investors. Implementing an experimental financial asset market, we show that providing information on the success of others leads to a significant increase in risk taking of subjects. This increase in risk taking is even larger when subjects are provided with the option to directly copy others. We conclude that copy trading reduces ex-ante welfare, and leads to excessive risk taking. 
650 0 7 |0 (DE-588)4073788-3  |0 (DE-627)106091514  |0 (DE-576)20919152X  |a Kreditmarkt  |2 gnd 
650 0 7 |0 (DE-588)4055762-5  |0 (DE-627)106156918  |0 (DE-576)209115289  |a Soziales Netzwerk  |2 gnd 
650 0 7 |0 (DE-588)4170992-5  |0 (DE-627)104269685  |0 (DE-576)209934050  |a Nachahmung  |2 gnd 
650 0 7 |0 (DE-588)4015999-1  |0 (DE-627)106334530  |0 (DE-576)20891448X  |a Experiment  |2 gnd 
650 4 |a Copy trading  |7 (dpeaa)DE-206 
650 4 |a Financial markets  |7 (dpeaa)DE-206 
650 4 |a Social networks  |7 (dpeaa)DE-206 
650 4 |a Imitation  |7 (dpeaa)DE-206 
650 4 |a Experiment  |7 (dpeaa)DE-206 
655 4 |0 (DE-206)34  |a Graue Literatur  |5 DE-206 
700 1 |a Oechssler, Joerg  |e VerfasserIn  |0 (DE-588)118045083  |0 (DE-627)509801927  |0 (DE-576)291684483  |4 aut 
700 1 |a Weidenholzer, Simon  |e VerfasserIn  |0 (DE-588)1166205819  |0 (DE-627)1030139822  |0 (DE-576)51067836X  |4 aut 
810 2 |a Universität Heidelberg  |b Wirtschaftswissenschaftliche Fakultät  |t Discussion paper series  |v no. 649  |9 64900  |w (DE-627)505754274  |w (DE-576)281296995  |w (DE-600)2217357-2  |7 am 
856 4 0 |u http://dx.doi.org/10.11588/heidok.00024778  |x Resolving-System  |z kostenfrei  |3 Volltext 
856 4 0 |u http://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-247788  |q application/pdf  |x Resolving-System  |z kostenfrei  |3 Volltext 
856 4 0 |u http://archiv.ub.uni-heidelberg.de/volltextserver/24778/1/Apesteguia%2C%20Oechssler%2C%20and%20Weidenholzer%2C%202018%2C%20dp%20649.pdf  |x Verlag  |z kostenfrei  |3 Volltext 
856 4 0 |u http://hdl.handle.net/10419/207625  |x Resolving-System  |z kostenfrei 
856 4 0 |u https://nbn-resolving.org/urn:nbn:de:bsz:16-heidok-247788  |x Resolving-System  |z kostenfrei  |3 Volltext 
935 |i Blocktest 
951 |a BO 
992 |a 20180904 
993 |a WorkingPaper 
994 |a 2018 
998 |g 118045083  |a Oechssler, Joerg  |m 118045083:Oechssler, Joerg  |d 180000  |d 181000  |e 180000PO118045083  |e 181000PO118045083  |k 0/180000/  |k 1/180000/181000/  |p 2 
999 |a KXP-PPN1027052835  |e 338179695X 
BIB |a Y 
JSO |a {"id":{"eki":["1027052835"],"doi":["10.11588/heidok.00024778"],"hdl":["10419/207625"],"uri":["urn:nbn:de:bsz:16-heidok-247788"]},"origin":[{"dateIssuedDisp":"June 27, 2018","publisher":"University of Heidelberg, Department of Economics","dateIssuedKey":"2018","publisherPlace":"Heidelberg"}],"title":[{"title":"Copy trading","title_sort":"Copy trading"}],"person":[{"family":"Apesteguia","given":"Jose","roleDisplay":"VerfasserIn","display":"Apesteguia, Jose","role":"aut"},{"role":"aut","display":"Oechssler, Joerg","roleDisplay":"VerfasserIn","given":"Joerg","family":"Oechssler"},{"given":"Simon","family":"Weidenholzer","role":"aut","roleDisplay":"VerfasserIn","display":"Weidenholzer, Simon"}],"name":{"displayForm":["Jose Apesteguia, Jörg Oechssler, and Simon Weidenholzer"]},"relMultPart":[{"physDesc":[{"extent":"Online-Ressource"}],"dispAlt":"Universität Heidelberg / Wirtschaftswissenschaftliche Fakultät: Discussion paper series","id":{"hdl":["10419/127204"],"zdb":["2217357-2"],"eki":["505754274"]},"origin":[{"publisherPlace":"Heidelberg","dateIssuedKey":"2000","publisher":"[Verlag nicht ermittelbar]","dateIssuedDisp":"2000-2020"}],"recId":"505754274","corporate":[{"display":"Universität Heidelberg","roleDisplay":"VerfasserIn","role":"aut"},{"role":"isb","roleDisplay":"Herausgebendes Organ","display":"Alfred-Weber-Institut für Wirtschaftswissenschaften"}],"language":["ger","eng"],"note":["Frühere Jahrgänge online nicht mehr verfügbar","Gesehen am 01.12.2020"],"disp":"Discussion paper series / University of Heidelberg, Department of Economics","type":{"media":"Online-Ressource","bibl":"serial"},"part":{"number_sort":["64900"],"number":["no. 649"]},"titleAlt":[{"title":"AWI discussion paper series"},{"title":"Discussion papers online"}],"pubHistory":["Nr. 326.2000-no. 691 (2020)"],"title":[{"title_sort":"Discussion paper series / University of Heidelberg, Department of Economics","title":"Discussion paper series / University of Heidelberg, Department of Economics"}]}],"language":["eng"],"recId":"1027052835","physDesc":[{"extent":"1 Online-Ressource"}],"type":{"bibl":"book","media":"Online-Ressource"},"note":["Key words: Copy trading, Financial markets, Social networks, Imitation, Experiment; JEL codes: C91, D81, G12, G20, G41"]} 
SRT |a APESTEGUIACOPYTRADIN2720 

Similar Items