The literature on international equity holdings distinguishes between home bias (overweighting of home stocks) and foreign bias (relative underweighting for more ‘distant’ countries). The two biases can be integrated into one distance-based model. Professor Ian Cooper joined London Business School in 1978. He is Professor of Finance and has taught widely across all the programmes of the School.
A Measure of Pure Home Bias
London Business School
October 19, 2017
