Delegation Decisions in Finance

The authors thank Pol Campos-Mercade, Alain Cohn, Dawei Fang, Håkan J. Holm, Christian König-Kersting, Michael Razen, Markus Walzl, seminar participants at the Center of Social and Economic Behavior in Cologne, the Berlin Behavioral Economics Colloquium and Seminar, the Helsinki GSE Colloquium, as well as conference participants of the Organizations and Society Workshop at the University of Innsbruck, Annual Meeting of the Austrian Economic Association (NOeG) in Graz, the SFB Workshop in Innsbruck, the Experimental Finance Conference in Copenhagen, the Decision-Making for Others Workshop in Nijmegen, and the Workshop on Trust and Cooperation in Markets and Organizations in Stavanger for very valuable comments. The authors particularly thank Fredrik Bergdahl at Statistiska centralbyrån for the excellent collaboration on the project. This study was ethically approved by the review boards at Statistiska centralbyrån (SCB; Statistics Sweden) and in Gothenburg (Sweden).