Construct · 1 fields · 1 citations

money doctors: a standalone construct

One name. One construct. A landmark on the map.

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moneydoctors1 CONSTRUCTMoney doctorsGENNAIOLI · FINANCE

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Finance

a model in which investors hand money to trusted advisers who ease their anxiety about risk, letting advisers charge high fees.

In finance, money doctors refers to a model in which investors hand money to trusted advisers who ease their anxiety about risk, letting advisers charge high fees. This meaning comes from Gennaioli (2015) in The Journal of Finance.[1]

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References

  1. Gennaioli, N., Shleifer, A., & Vishny, R. (2015). Money Doctors. The Journal of Finance, 70(1), 91-114. https://doi.org/10.1111/jofi.12188

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