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Target-driven investing: Optimal investment strategies in defined contribution pension plans under loss aversion
Blake, David
;
Wright, Douglas
;
Zhang, Yumeng
-
Volkswirtschaftliche Fakultät, …
-
2011
insurance'. We show that under loss aversion, the risk of failing to attain the target
replacement
ratio
is significantly …
Persistent link: https://www.econbiz.de/10009367962
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