Results 131 to 140 of about 1,058 (153)

In‐store service decisions under consumer disappointment aversion

Managerial and Decision Economics, 2021
This study investigates how retailers invest in‐store service by considering the possible service failure that occurs in a store, and consumers' disappointment concerns it causes. Specifically, we establish an analytical framework to examine several competitive scenarios.
openaire   +1 more source

Cross-hedging with futures and options: The effects of disappointment aversion

Journal of Multinational Financial Management, 2006
Abstract This article examines the effect of disappointment aversion on cross-hedging decisions. We show that, when both futures and options markets are unbiased, disappointment aversion has no effect on the optimal hedge positions. In case that either market is biased, disappointment aversion induces the hedger to behave more conservatively.
Donald Lien, Yan Wang
openaire   +1 more source

Disappointment Aversion and Income Risk: Implications for Portfolio Allocation

SSRN Electronic Journal, 2016
I solve the life-cycle portfolio allocation problem of a disappointing averse (DA) agent. Unlike expected utility investors, the risky allocations relate positively with income risk over later phase of DA investor’s working life. The changing comovement between returns and disappointment/elation realization drives the effect.
openaire   +1 more source

Optimal Portfolio Selection under Disappointment Averse Utility

SSRN Electronic Journal, 2009
In this paper, we consider the portfolio choice problem for Gul(1991)'s disappointment averse investors in continuous time economy. Assuming a complete market and general ge- ometric Brownian motions for asset prices, we provide the analytic method to derive the formulas for the optimal wealth and portfolio weight.
openaire   +1 more source

Production theory under price uncertainty for firms with disappointment aversion

International Journal of Production Research, 2021
Wing-Keung Wong, Xu Guo, Martin Egozcue   +2 more
exaly  

The role of disappointment aversion and expectation proclivity in describing financial risk aversion among financial decision-makers

International Journal of Bank Marketing, 2021
John Grable, Eun Jin Kwak
exaly  

Solving Models with Disappointment Aversion

SSRN Electronic Journal, 2014
Patrick Augustin, Rommo TTdongap
openaire   +1 more source

Portfolio choices and hedge funds: a disappointment aversion analysis

European Journal of Finance, 2021
Simon Lalancette
exaly  

Generalized disappointment aversion and the cross-section of stock returns

Applied Economics Letters, 2022
Xiaohua Lu, Yonghong Hu
openaire   +1 more source

Strategic customer behavior with disappointment aversion customers and two alleviation policies

International Journal of Production Economics, 2017
Juliang Zhang
exaly