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Author:Benzion, U.
Yagil, J.
Title:Portfolio composition choice: a behavioral approach
Journal:Journal of behavioral finance
2003 : VOL. 4:2, p. 85-95
Index terms:Behavioural science
Portfolio management
Risk
Language:eng
Abstract:Portfolio composition choice is investigated for different types of financial assests and different levels of wealth in this experimental study. The findings of this study indicate for a group of financially sophisticated executive MBA students with work experience in capital markets, that the proportion of wealth invested in risky assets increases with wealth for all portfolio compositions examined, and increases with the degree of asset risk.
SCIMA record nr: 254156
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