Not logged in.

Contribution Details

Type Master's Thesis
Scope Discipline-based scholarship
Title Incentive Scheme Effects on Trading Behavior in Financial Markets
Organization Unit
Authors
  • Piotr Ganski
Supervisors
  • Thorsten Hens
  • Sandra Andraszewicz
  • Christoph Hölscher
Language
  • English
Institution University of Zurich
Faculty Faculty of Business, Economics and Informatics
Number of Pages 41
Date 2023
Abstract Text Individual risk attitudes and are subject to different factors. Individuals vary in their investment behavior, based on their perception of the win-to-loss ratio, current financial situation, and cognitive biases. This study aims at eliciting risk-taking and trading behavior in face of various compensation schemes. Compensation schemes are important factors that impact the behavior of traders. Dependent on the structure, they can incentivize or discourage certain behaviors of the traders. This paper aims to investigate the impact of compensation schemes on trading behavior, using a dynamic experimental setting with the Zurich Trading Simulator - gamified trading tool. The results show that compensation schemes can significantly affect trading behavior.
Export BibTeX