Showing 1 - 10 of 26,189
Chisini mean enables these tools to be used as rational decision criteria. Specifically, we focus on 11 metrics and show that … intuitive notion of mean is the founding basis of investment decision criteria …
Persistent link: https://www.econbiz.de/10012932834
principles of dynamic decision-making. We discuss practical implications of our findings in the context of regulated industries …
Persistent link: https://www.econbiz.de/10013076610
(2001). We draw up a decision tree with multiple uncertain variables affecting the value of an investment opportunity …
Persistent link: https://www.econbiz.de/10012976833
This study investigates reference-dependent choice with a stochastic, state-dependent reference point. The optimal reference-dependent solution equals the optimal consumption solution (no loss aversion) if the reference point is selected fully endogenously. Given that loss aversion is...
Persistent link: https://www.econbiz.de/10003550680
Investor behavior in the investment decision making is something dynamic, since the behavior is influenced by the … preposition that can be used to describe, predict and explain the investor behavior in the stock decision making in capital market … decision making to invest in capital market is firstly required. There is three theories to explain the investor behavior in …
Persistent link: https://www.econbiz.de/10012936794
In the traditional financial theory, the decision makers were assumed to be rational and stock markets were thought out …' decision-making is not always propelled by these thoughts. In fact, the decisions taken by them are unpredictable sometimes …. The present research aims at determining the various psychological factors that have an influence on investor's decision …
Persistent link: https://www.econbiz.de/10012978125
We propose a novel methodology to characterize the investor decision making process. By drawing logical paths in a …
Persistent link: https://www.econbiz.de/10013026184
In this paper we introduce a new, analytically tractable model for decision-making under risk in which psychological … characteristics related to the degree of optimism or pessimism of the decision-maker are considered. The model we propose, which is … based on a two-parameter optimism weighting function, is applicable to a wide range of decision-making models and renders …
Persistent link: https://www.econbiz.de/10012933671
This paper identifies a clear tradeoff between tracking error — performance differences relative to a targeted asset allocation — and turnover—a proxy for rebalancing costs — that can help guide investors’ rebalancing choices. We find that calendar-based approaches, while convenient,...
Persistent link: https://www.econbiz.de/10013225318
This paper investigates empirically the association between financing decision and investment decision. This issue has …, accounting return, and liquidity on financing decision. Year by year of white regression analysis is used to get external … validity of the result. Research findings show that investment decision has positive effect on financing decision in less …
Persistent link: https://www.econbiz.de/10013107133