Marco Castellani
Biographic Data
| ID | 4271570 |
|---|---|
| NAME | Marco Castellani |
| GIVEN NAMES | Marco |
| FAMILY NAME | Castellani |
| SIGNATURE | CASTELLANI M |
| AFFILIATIONS | University of Brescia |
| ORCID | 0000-0002-5623-7491 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 10 |
| AUTHOR COUNT | 7 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2009 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 2 |
No one can do it for me; only I can change my life! A taxonomy of online independent investors in the field of digital finance
This paper presents an empirically based taxonomy of independent traders in the field of online financial markets. This taxonomy is the first to include socio-demographic, operational, informational, educational, motivational, and behavioural factors in a unique analytical framework. Given the extreme data shortage, the recent literature has failed to gather insightful data on retail traders' operations and their psychosocial and economic backgro…
Friends Can Help to Aim High
During early adolescence, the influence of friends becomes more pronounced. This study models the effect of friends’ academic ambitions on adolescents’ ambitions while controlling for friends’ academic achievement and disentangling social influence from friendship selection using random coefficient multilevel stochastic actor-oriented models (SAOM) on a longitudinal sample of 19 school classes ( N = 407) in grades six through eight. The findings …
A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings
This paper investigates how reports concerning a given country’s prospects affect investment decisions in two stylized, artificial organizational settings. We designed a role-game laboratory experiment, where subjects were asked to make investment decisions for two types of fictitious companies from the same country. We found that when available reports included positive country prospects, subjects strategized more on investments regardless of th…
Adaptive Heuristics That (Could) Fit
This article examines information-search heuristics and communication patterns in an online forum of investors during a period of market uncertainty. Global connections, real-time communication, and technological sophistication have created an unpredictable market environment. As such, investors try to deal with semantic, strategic, and operational uncertainty by following heuristics that reduce information redundancy. In this study, we have trie…
A lfred S chutz and H erbert S imon
This paper combines A lfred S hultz and H erbert S imon's theories of action in order to understand the grey area between dynamic and completely unstructured decision making better. As a result I have put together a specific scheme of how choice elements are represented from an agent's personal experience, so as to create a bridge between the phenomenological and cognitive‐procedural approaches of decision making. I first look at the key points o…
Why Bother with What Others Tell You? An Experimental Data-Driven Agent-Based Model
This paper investigates the relevance of reputation to improve the explorative capabilities of agents in uncertain environments. We have presented a laboratory experiment where sixty-four subjects were asked to take iterated economic investment decisions. An agent-based model based on their behavioural patterns replicated the experiment exactly. Exploring this experimentally grounded model, we studied the effects of various reputational mechanism…
Pillars of Trust
This paper presents the results of laboratory experiments on the relevance of reputation for trust and cooperation in social interaction. We have extended a repeated investment game by adding new treatments where reputation is taken more explicitly into account than before. We then compared treatments where the investor and the trustee rate each other and treatments where the investor and the trustee were rated by a third party. The results showe…
Pillars of Trust
This paper presents the results of laboratory experiments on the relevance of reputation for trust and cooperation in social interaction. We have extended a repeated investment game by adding new treatments where reputation is taken more explicitly into account than before. We then compared treatments where the investor and the trustee rate each other and treatments where the investor and the trustee were rated by a third party. The results showe…
A lfred S chutz and H erbert S imon
This paper combines A lfred S hultz and H erbert S imon's theories of action in order to understand the grey area between dynamic and completely unstructured decision making better. As a result I have put together a specific scheme of how choice elements are represented from an agent's personal experience, so as to create a bridge between the phenomenological and cognitive‐procedural approaches of decision making. I first look at the key points o…
Friends Can Help to Aim High
During early adolescence, the influence of friends becomes more pronounced. This study models the effect of friends’ academic ambitions on adolescents’ ambitions while controlling for friends’ academic achievement and disentangling social influence from friendship selection using random coefficient multilevel stochastic actor-oriented models (SAOM) on a longitudinal sample of 19 school classes ( N = 407) in grades six through eight. The findings …
Adaptive Heuristics That (Could) Fit
This article examines information-search heuristics and communication patterns in an online forum of investors during a period of market uncertainty. Global connections, real-time communication, and technological sophistication have created an unpredictable market environment. As such, investors try to deal with semantic, strategic, and operational uncertainty by following heuristics that reduce information redundancy. In this study, we have trie…
Pillars of Trust
This paper presents the results of laboratory experiments on the relevance of reputation for trust and cooperation in social interaction. We have extended a repeated investment game by adding new treatments where reputation is taken more explicitly into account than before. We then compared treatments where the investor and the trustee rate each other and treatments where the investor and the trustee were rated by a third party. The results showe…
Why Bother with What Others Tell You? An Experimental Data-Driven Agent-Based Model
This paper investigates the relevance of reputation to improve the explorative capabilities of agents in uncertain environments. We have presented a laboratory experiment where sixty-four subjects were asked to take iterated economic investment decisions. An agent-based model based on their behavioural patterns replicated the experiment exactly. Exploring this experimentally grounded model, we studied the effects of various reputational mechanism…
A lfred S chutz and H erbert S imon
This paper combines A lfred S hultz and H erbert S imon's theories of action in order to understand the grey area between dynamic and completely unstructured decision making better. As a result I have put together a specific scheme of how choice elements are represented from an agent's personal experience, so as to create a bridge between the phenomenological and cognitive‐procedural approaches of decision making. I first look at the key points o…
Adaptive Heuristics That (Could) Fit
This article examines information-search heuristics and communication patterns in an online forum of investors during a period of market uncertainty. Global connections, real-time communication, and technological sophistication have created an unpredictable market environment. As such, investors try to deal with semantic, strategic, and operational uncertainty by following heuristics that reduce information redundancy. In this study, we have trie…
A role-game laboratory experiment on the influence of country prospects reports on investment decisions in two artificial organizational settings
This paper investigates how reports concerning a given country’s prospects affect investment decisions in two stylized, artificial organizational settings. We designed a role-game laboratory experiment, where subjects were asked to make investment decisions for two types of fictitious companies from the same country. We found that when available reports included positive country prospects, subjects strategized more on investments regardless of th…
Friends Can Help to Aim High
During early adolescence, the influence of friends becomes more pronounced. This study models the effect of friends’ academic ambitions on adolescents’ ambitions while controlling for friends’ academic achievement and disentangling social influence from friendship selection using random coefficient multilevel stochastic actor-oriented models (SAOM) on a longitudinal sample of 19 school classes ( N = 407) in grades six through eight. The findings …
No one can do it for me; only I can change my life! A taxonomy of online independent investors in the field of digital finance
This paper presents an empirically based taxonomy of independent traders in the field of online financial markets. This taxonomy is the first to include socio-demographic, operational, informational, educational, motivational, and behavioural factors in a unique analytical framework. Given the extreme data shortage, the recent literature has failed to gather insightful data on retail traders' operations and their psychosocial and economic backgro…
Computer Science (5 works) · Experimental Behavioral Economics Studies (4 works) · Psychology (4 works) · Business (3 works) · Economics (3 works) · Political science (3 works) · Artificial Intelligence (2 works) · Complex Systems and Time Series Analysis (2 works) · Epistemology (2 works) · Evolutionary Game Theory and Cooperation (2 works)