Sensation-seeking hedge funds
Using a novel dataset of hedge fund manager automobile purchases, we show that, motivated by sensation seeking, hedge fund managers often take risk for personal and non-pecuniary reasons. In line with the sensation seeking view, managers who own powerful sports cars take on more investment risk but...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2017
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5253 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6252/viewcontent/SensationSeekingHedgeFunds_2017.pdf |
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| Institution: | Singapore Management University |
| Language: | English |