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~subject:"Loss aversion"
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Target-driven investing : optimal investment strategies in defined contribution pension plans under loss aversion
Blake, David
;
Wright, Douglas
;
Zhang, Yumeng
-
2011
Persistent link: https://www.econbiz.de/10009537381
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Target-driven investing : optimal investment strategies in defined contribution pension plans under loss aversion
Blake, David
;
Wright, Douglas
;
Zhang, Yumeng
- In:
Journal of economic dynamics & control
37
(
2013
)
1
,
pp. 195-209
Persistent link: https://www.econbiz.de/10009703603
Saved in:
3
Target-driven investing: Optimal investment strategies in defined contribution pension plans under loss aversion
Blake, David
;
Wright, Douglas
;
Zhang, Yumeng
- In:
Journal of Economic Dynamics and Control
37
(
2013
)
1
,
pp. 195-209
switches to ‘portfolio insurance’. We show that the risk of failing to attain the target
replacement
ratio
is significantly …
Persistent link: https://www.econbiz.de/10010594906
Saved in:
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