search query: @author Enis, C. R. / total: 5
reference: 3 / 5
Author: | Enis, C. R. |
Title: | The impact of current-valued data on the predictive judgments of investors. (!Prediction) |
Journal: | Accounting, Organizations and Society
1988 : VOL. 13:2, p. 123-145 |
Index terms: | INVESTMENT INFORMATION SHARE PRICES |
Language: | eng |
Abstract: | A human information processing experiment was employed to study the influence of replacement cost /RC/ on the predictive judgments of investors. Sophisticated and unsophisticated investors were provided with either historic cost /HC/ or both HC and RC data. They were asked to predict the share price performance of chemical and drug stocks. The RC data set was associated with lower accuracy and consensus. The negative association between RC usage and decision-quality was more noticeable among the unsophisticated subjects. |
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