The major goal of this dissertation is to deepen the understanding of how investors make delegated investing decisions. Drawing from various streams in the finance and psychology literature, each chapter consists of a distinct experimental study. The first study evaluates whether investors appreciate investment quality or rather investment outcomes. The second study investigates the impact of trust in an investor-advisor-setting. Lastly, the third study questions whether investors are equally willing to delegate investments to other (expert) humans and investment algorithms.
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