Similar Search Results

Behavioral finance factors and investment decisions : a mediating role of risk perception

Al-Mansour, Bashar Yaser; Elkrghli, Sabri; Almansour, … - In: Cogent economics & finance 11 (2023) 2, pp. 1-20

Modern finance theory assumes that the stock market is efficient, and stock prices reflect all available information …. However, behavioral finance theory argues that stock prices can be influenced by psychological and emotional factors. This …

Persistent link: https://www.econbiz.de/10014503093

Ambiguity and investor behavior

Kostopoulos, Dimitrios; Meyer, Steffen; Uhr, Charline - 2020

We relate time-varying aggregate ambiguity (V-VSTOXX) to individual investor trading. We use the trading records of more than 100,000 individual investors from a large German online brokerage from March 2010 to December 2015. We find that an increase in ambiguity is associated with increased...

Persistent link: https://www.econbiz.de/10012387918

Risky Value Meets Behavioral Momentum

Zotov, Aleksandr - 2022

This paper demonstrates that risk-based and behavioral cross-sectional asset pricing anomalies can plausibly coexist. To this end, I build a model in which risk-based value premium exists along with behavioral momentum. The value premium stems from differential exposures of stocks to rare...

Persistent link: https://www.econbiz.de/10013293586

Applied Asset and Risk Management : A Guide to Modern Portfolio Management and Behavior-Driven Markets

Schulmerich, Marcus - 2015

triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory … approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock … can be downloaded at extras.springer.com. In this book modern portfolio theory meets behavioral finance, resulting in new …

Persistent link: https://www.econbiz.de/10012402226

Applied asset and risk management : a guide to modern portfolio management and behavior-driven markets

Schulmerich, Marcus; Leporcher, Yves-Michel; Eu, Ching-Hwa - 2015 - Aufl. 2015

Persistent link: https://www.econbiz.de/10010429724

The Optimal Portfolio Weight for Real Estate with Liquidity Risk and Uncertainty Aversion

Bond, Shaun A. - 2010

In this paper we investigate the portfolio implications of liquidity costs and uncertainty aversion across asset classes. In many cases, financial securities such as equities trade in active markets in which equity owners can liquidate their holdings quickly and with little price concession. In...

Persistent link: https://www.econbiz.de/10013137104

Portfolio Selection, Periodic Evaluations and Risk Taking

Tse, Alex S. L.; Zheng, Harry - 2022

We present a continuous-time portfolio selection problem faced by an agent with S-shaped preference who maximizes the utilities derived from the portfolio's periodic performance over an infinite horizon. The periodic reward structure creates subtle incentive distortion. In some cases, local risk...

Persistent link: https://www.econbiz.de/10013306888

Stock profiling using time-frequency-varying systematic risk measure

Mestre, Roman - In: Financial innovation : FIN 9 (2023) 1, pp. 1-29

This study proposes a wavelets approach to estimating time-frequency-varying betas in the capital asset pricing model (CAPM) framework. The dynamic of systematic risk across time and frequency is analyzed to investigate stock risk-profile robustness. Furthermore, we emphasize the effect of an...

Persistent link: https://www.econbiz.de/10014289044

Aspects of investor behavior under risk

Friedman, Benjamin M.; Roley, Vernon Vance - 1985

Persistent link: https://www.econbiz.de/10000688626

Incomplete diversification and asset pricing

Elliott, Robert Frank (contributor); … - 2002

Persistent link: https://www.econbiz.de/10003780988

1
2
3
4
5
6
7
8
9
10
Next
Last