... are most effective in reducing home bias when implemented alongside supportive financial and institutional conditions. In highly home-biased economies, deeper structural reforms aimed at improving market openness, transparency and investor protection may be necessary before social inclusion mechanisms can...

...Shan Lei; Ani Manakyan Mathers Purpose This study examines the relationship between investors' familiarity bias, including the home bias and endowment bias, and their financial situations, expectations and personal characteristics. Design/methodology/approach Using the 2019 Survey of Consumer...