haku: @author Liu, J. / yhteensä: 13
viite: 2 / 13
| Tekijä: | Ang, A. Bekaert, G. Liu, J. |
| Otsikko: | Why stocks may disappoint |
| Lehti: | Journal of Financial Economics
2005 : JUNE, VOL. 76:3, p. 471-508 |
| Asiasana: | Equities Finance Portfolio management Risk aversion Shares Stock markets |
| Kieli: | eng |
| Tiivistelmä: | This article provides a formal treatment of both static and dynamic portfolio choice using the Disappointment Aversion preferences of Gul (1991. Econometrica 59(3), 667-686), which imply asymmetric aversion to gains versus losses. |
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