We survey 2484 U.S. individuals with at least $1 million of investable assets about how well leading academic theories describe their financial beliefs and personal investment decisions. The wealthy's markets the economy are surprisingly similar to those average household, but wealthy less driven by discomfort market, constraints, labor income considerations. Portfolio equity share is most affe...

OBJECTIVE This investigation examined the impact of human-machine competition (John Henry effects) on intent errors. John Henry effects, expressed as an unwillingness to use automation, were hypothesized to increase as a function of operators' personal investment in unaided performance. BACKGROUND Misuse and disuse often occur because operators (a) cannot determine if automation or a nonautom...

The study of memory for event duration in pigeons has, for the most part, centered on an unusual behavioral phenomenon and an interesting theoretical explanation for it. A typical experiment on memory for event duration involves trials initiated by a sample stimulus that is either short or long in duration (e.g., 2 vs. 10 sec of houselight) and that is later followed by the simultaneous present...

The investment in mutual funds has steadily increased in this decade. This growth has created a need for comprehensive and expandable financial decision support systems (DSS) that embody the knowledge of an expert in making investment decisions. This study illustrates the design and development of an intelligent, object-oriented decision support system: MFS -–Mutual Fund Selector. MFS takes int...

Objectives This study aimed to assess residents' and fellows' knowledge of finance principles that may affect their personal financial health. Methods A cross-sectional, anonymous, web-based survey was administered to a convenience sample of residents and fellows at two academic medical centers.  Respondents answered 20 questions on personal finance and 28 questions about their own financial ...