Results 41 to 50 of about 81,753 (203)
The role of robo-advisors in behavioural finance, shaping investment decisions
Cogent Economics & FinanceThis study focuses on using artificial intelligence-driven financial robo-advisors in the investment decision-making domain by retail investors. Based on heuristic and prospect theory, the researcher aims to examine how AI-powered financial robo-advisors
Mugdha Shailendra Kulkarni +2 more
doaj +1 more source
Journal of Economic Surveys, EarlyView.ABSTRACT This article summarizes the evolution of portfolio theory from mean–variance optimization to AI‐augmented investment systems. Rather than treating portfolio models as isolated techniques, it organizes the literature as a sequence of responses to different forms of uncertainty: variance, systematic risk, expected‐return estimation error ...
Xuan Feng, Sofia Yang
wiley +1 more source
Users Intention on Financial Robo-Advisors A Case Study.
, 2021 The domestic epidemic is gradually heating up, and maintaining social distancing has become the consensus for epidemic prevention. Major financial institutions have all proposed "home finance" related services for zero contact, so that people can enjoy ...
Tsai, Han-Yi
core
Frontiers in Behavioral EconomicsThe mini review assesses the value propositions of robo-advisors through the lens of behavioral finance. Despite their promise of data-driven, rational investment strategies, robo-advisors may not fully replicate the personalized service of human ...
Kim Sandy Eichler, Elizabeth Schwab
doaj +1 more source
Journal of Product Innovation Management, EarlyView.ABSTRACT We advance an audience‐based view of incumbent adoption of potentially discontinuous technologies. Drawing on theories of discursive institutional processes and categorical legitimacy, we model how incumbents navigate mixed judgments from external groupings in their environment, that is, audiences, when adopting prospective discontinuous ...
Tatjana Schneidmüller +3 more
wiley +1 more source
Jurnal Aplikasi Bisnis dan ManajemenBackground: Behavioral bias factors influence individual decision-making. Technological innovations in the financial services industry have introduced automated financial advisors, or robo-advisors, to assist in mutual fund investment decisions and ...
Liliana Inggrit Wijaya +2 more
doaj +1 more source
Mathematical Finance, EarlyView.ABSTRACT We study a dynamic portfolio optimization problem under the mean–variance–variance (M‐V‐V) criterion proposed by Maccheroni et al. It is an analogue of the Arrow–Pratt approximation to the well‐known smooth ambiguity model. Under the standard Black–Scholes framework, we derive fully explicit equilibrium investment strategies in which a DM's ...
David Landriault, Bin Li, Yuanyuan Zhang
wiley +1 more source
Baltic Journal of EconomicsThe study examines links between automated advisory services and irrational individual investors’ behaviour based on dual-process theory. The study contributes to the literature on active vs.
Nomeda Lisauskiene +2 more
doaj +1 more source
Artificial Intelligence, Bureaucratic Discretion, and Democratic Administration
Public Administration Review, EarlyView.ABSTRACT Since the start of the COVID‐19 pandemic, many countries have been using artificial intelligence (AI) to replace civil service personnel. We argue that this practice undermines core democratic values. Using the public values framework, we identify four clusters of values that are threatened when bureaucratic discretion is transferred to ...
L. Jason Anastasopoulos
wiley +1 more source
Unveiling the key enablers of robo advisor using fuzzy-AHP approach: A decision-making framework
Journal of Open Innovation: Technology, Market and ComplexityRobo-Advisor is bringing a paradigm shift in the coming financial markets, changing the way individuals make investments. Based on algorithms and data, robo advisors helps in making informed financial decisions without human interventions.
Tahseen Arshi +4 more
doaj +1 more source