. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an … measures on how to achieve this. -- risk preferences ; competition ; genetic programming ; fund managers ; portfolio theory …

the professional competition between fund managers as a practical example. To explore how different settings of … competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an evolutionary … ; competition ; genetic programming ; fund managers ; portfolio theory …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an … pressure generates riskseeking behavior and undermines the predominance of the most skilled. -- Risk preferences ; competition …

This paper develops a tractable dynamic model of competition between two risk-averse portfolio managers who attempt to … risk due to competition. Contrary to the standard result without competition, a higher risk aversion could well incentivize … more risk taking. We also show that competition can be conducive to asset specialization, and hence under …

We study the combined effects of revenue and cost uncertainty as well competition on the timing optimization of … in firms behaviour. When uncertainty about the input costs and revenue are considered together with competition, the …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

To maintain a chance of occasionally beating a stronger player in a competition waged over several fields, a weaker …

promotion contests, competition between mutual funds, and relative payment schemes of CEOs …

This paper investigates the competition among portfolio managers as they attempt to outperform each other. We provide a … tractable dynamic continuous-time model of competition between two risk-averse managers concerned about relative performance. To …, and provide the ensuing equilibrium portfolio policies explicitly. We find that competition makes a relatively risk …