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ERIC Number: EJ583117
Record Type: Journal
Publication Date: 1999
Pages: N/A
Abstractor: N/A
Reference Count: N/A
ISSN: ISSN-0022-0078
Why Consumers Choose Managed Mutual Funds over Index Funds: Hypotheses from Consumer Behavior.
Lichtenstein, Donald R.; Kaufmann, Patrick J.; Bhagat, Sanjai
Journal of Consumer Affairs, v33 n1 p187-205 Sum 1999
Using the literature of psychology, consumer behavior, and behavioral finance, a series of hypotheses is presented that account for consumer choices of managed over index mutual funds. Results indicate a need for consumer education to increase awareness of the benefits of index investing. (SK)
Publication Type: Information Analyses; Journal Articles
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A