Do Investors Learn from Experience? Evidence from Frequent IPO Investors

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Formative Experiences and Portfolio Choice: Evidence from the Finnish Great Depression (2017, unknown): “Chiang et al. (2011), Choi et al. (2009), Kaustia and Knüpfer (2008), and Odean, Strahilevitz, and Barber (2011) analyze the role prior investment experiences play in determining IPO subscriptions, retirement savings decisions, and stock purchases.”
Personal Experiences and Expectations about Aggregate Outcomes (2019, unknown): “Knüpfer (2008) and Chiang et al. (2011) find that the returns investors experience in IPOs affect their decisions as to whether to invest in subsequent IPOs. Similarly, Koudijs and Voth (2016) find that previous exposure to potential losses leads lenders to lend more conservatively.”
Climate Change and Adaptation in Global Supply-Chain Networks (2019, background): “A large literature in finance and economics has proposed Bayesian updating to model how economic agents infer information about changing environments in general (i.e. Alevy et al., 2007; Chiang et al., 2011).”
Learning from Inflation Experiences (2016, background): “The learning-from-experience mechanism also sheds light on one source of the dispersion in inflation expectations that is documented in Cukierman and Wachtel (1979) and Mankiw, Reis, and Wolfers (2003).”