Nanotechnology Applications for Diffuse Intrinsic Pontine Glioma

Abstract

Does the number of funds offered in a defined contribution plan affecthow many funds consumers choose to invest in or how they spread dollarsacross the funds they choose? Across three experiments and the analysisof defined contribution plan data, the authors explore these issuesby examining investors' tendency to engage in the 1/n heuristic-thatis, allocating their dollars evenly across all available investmentoptions. The authors decompose this heuristic into its two underlyingbehavioral dimensions: the tendency to invest in all available funds(which they label ``1/n(#){''}) and the tendency to spread the investeddollars evenly across chosen funds (which they label ``1/n($){''}).The authors argue that choosing from larger fund assortments taxesinvestors' cognitive resources, which leads to more simplified diversificationstrategies. They find that increasing the fund assortment size decreasesthe tendency to invest in all available funds (1/n(#)) but increasesthe tendency to spread the invested dollars evenly among the chosenalternatives (1/n($)), provided that the number of funds chosenfor investment allows for easy equal dollar allocations. The authorsintegrate their results with prior research regarding asset choiceand allocation heuristics.