, investors prefer the one with positive gain, smaller variance and positive skewness. This information, in turn, enables decision …

only very little difference in mean, variance, skewness, or kurtosis. Investors may prefer to conclude ASD only if the …

% seem to avoid skewness. On the level of individual decisions we find that the variance of the prospects and subjects …In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be …. We find that the skewness of a distribution has a significant impact on the decisions. Yet, while skewness has an impact …

avoid skewness. On the level of individual decisions we ¯nd that the variance of the prospects and subjects' experience …In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered … ¯nd that the skewness of a distribution has a signi¯cant impact on the decisions. Yet, while skewness has an impact, its …

% seem to avoid skewness. On the level of individual decisions we find that the variance of the prospects and subjects …In this paper we experimentally test skewness preferences at the individual level. Several prospects that can be …. We find that the skewness of a distribution has a significant impact on the decisions. Yet, while skewness has an impact …

% seem to avoid skewness. On the level of individual decisions we ï¬nd that the variance of the prospects and subjectsâ …In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered … ï¬nd that the skewness of a distribution has a signiï¬cant impact on the decisions. Yet, while skewness has an impact …

following parameters are varied: the riskless return, the market standard deviation, the market stock premium, and the skewness …