Results 61 to 70 of about 12,597 (171)
Does the consciousness of the disposition effect increase the equity premium? [PDF]
The disposition effect is a well established phenomenon in the empirical and experimental financial literature. It leads to sell winners too early and to hold losers too long.
Patrick Roger
core
People are less myopic about future than past collective outcomes. [PDF]
Proc Natl Acad Sci U S A, 2023 Prior M, Alsharawy A, Andrews TM.
europepmc +1 more source
The Dynamics of Optimal Risk Sharing [PDF]
We study a dynamic-contracting problem involving risk sharing between two parties – the Proposer and the Responder – who invest in a risky asset until an exogenous but random termination time.
Christopher Harris, Patrick Bolton
core
Does the Failure of the Expectations Hypothesis Matter for Long-Term Investors [PDF]
We consider the consumption and portfolio choice problem of a long-run investor when the term structure is affine and when the investor has access to nominal bonds and a stock portfolio. In the presence of unhedgeable inflation risk, there exist multiple
Antonios Sangvinatsos +1 more
core
Investors Facing Risk: Loss Aversion and Wealth Allocation Between Risky and Risk-Free Assets [PDF]
This paper studies the impact of loss aversion on decisions regarding the allocation of wealth between risky and risk-free assets. We use a Value-at-Risk portfolio model with endogenous desired risk levels that are individually determined in an extended ...
Rengifo, Erick W., Trifan, Emanuela
core
Statistical Arbitrage for Multiple Co-integrated Stocks. [PDF]
Appl Math Optim, 2022 Li TN, Papanicolaou A.
europepmc +1 more source
Managing a 401(k) Account: An Experiment on Asset Allocation [PDF]
The study reports the results of an asset allocation experiment in which subjects managed an endowment of money over a 20 "year" time period. While grounded in theory, the study takes an applied look at the ability of subjects to efficiently and ...
Federico Guerrero, James Sundali
core
Optimal Decentralized Investment Management [PDF]
We study a decentralized investment problem in which a CIO employs multiple asset managers to implement and execute investment strategies in separate asset classes.
Jules H. van Binsbergen +2 more
core
Taking gambles at face value: Effects of emotional expressions on risky decisions. [PDF]
Front Psychol, 2022 Winkielman P +4 more
europepmc +1 more source
IMI-Management and Investigation of High Myopia in Infants and Young Children. [PDF]
Invest Ophthalmol Vis Sci, 2023 Flitcroft I +15 more
europepmc +1 more source