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Research on the Behavioral Differences Between Investors in Crypto vs Traditional Markets

By:

Maastricht University

Cryptocurrency markets, as opposed to other financial markets, are mostly populated by household investors, who have been proven to be more affected by heuristics than professionals and institutions1. Furthermore, today’s society is progressively placing more investment responsibilities, such as pension plans², in the hands of households. Because of that, it is important to study how such a change in the agents participating in a market affects its dynamics and its efficiency, as well as to investigate the psychological factors that drive this change, since market dynamics will become increasingly subject to their influence.

Below is a link to a survey complementing such a research, and it would be great to get your input as investors.

Interactive Brokers is not affiliated with Nathan Carlier or Maastricht University and does not endorse or recommend any information or advice provided by Nathan Carlier or Maastricht University.

Visit Maastricht University website to participate in the Crypto vs Traditional Markets survey

1 Barber, B.M. and Odean, T. (2008). “All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors”, The Review of Financial Studies, vol. 21, no. 2. https://doi.org/10.1093/rfs/hhm079

² Broadbent, J., Palumbo, M., Woodman, E. (2006). “The Shift from Defined Benefit to Defined Contribution Pension Plans – Implications for Asset Allocation and Risk Management”.

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