A risk perception primer: A narrative research review of the risk perception literature in behavioral accounting and behavioral finance
V Ricciardi - Available at SSRN 566802, 2004 - papers.ssrn.com
A significant topic within the behavioral finance literature is the notion of perceived risk
pertaining to novice investors (ie individuals, finance students) and investment professionals …
pertaining to novice investors (ie individuals, finance students) and investment professionals …
Directional preferences, information processing, and investors' forecasts of earnings
J Hales - Journal of Accounting Research, 2007 - Wiley Online Library
This paper investigates the effects of preferences on judgments in an investing context,
where investors should be motivated to interpret information objectively, yet have clear …
where investors should be motivated to interpret information objectively, yet have clear …
[PDF][PDF] 130/30: The new long-only
AW Lo, PN Patel - INSTITUTIONAL INVESTOR-NEW YORK-, 2008 - researchgate.net
Of course, our proposal of an algorithm, or dynamic portfolio, as an index is a significant
departure from the norm. Existing indexes such as the S&P 500 are defined as baskets of …
departure from the norm. Existing indexes such as the S&P 500 are defined as baskets of …
Risk: Traditional finance versus behavioral finance
V Ricciardi - handbook of finance, 2008 - Wiley Online Library
The notion of risk encompasses a wide range of meanings across different disciplines,
notably the social sciences and business administration fields. Within academic finance, the …
notably the social sciences and business administration fields. Within academic finance, the …
Factor investing: The rocky road from long-only to long-short
Factor investing has emerged from the asset management world as the new paradigm for
long-term investment. It attracted fresh interest after the publication of a report on active …
long-term investment. It attracted fresh interest after the publication of a report on active …
Downside risk measures and equity returns in the NYSE
Although investors are concerned foremost with mean and variance, they are also sensitive
to downside risk. In this article we employ several risk variables of traditional and downside …
to downside risk. In this article we employ several risk variables of traditional and downside …
20 Myths about enhanced active 120–20 strategies
BI Jacobs, KN Levy - Financial Analysts Journal, 2007 - Taylor & Francis
Enhanced active equity strategies, including 120–20 and 130–30 long–short portfolios, have
become increasingly popular as managers and investors search for new ways to expand the …
become increasingly popular as managers and investors search for new ways to expand the …
异质信念, 卖空限制与风险资产价格
张维, 张永杰 - 管理科学学报, 2006 - cqvip.com
在考察投资者信念形成影响因素的基础上, 提出了股票市场中投资者异质信念的假设.
并据此推导出了一个基于异质信念的风险资产价格均衡模型. 这一模型从理论上证明了对股票 …
并据此推导出了一个基于异质信念的风险资产价格均衡模型. 这一模型从理论上证明了对股票 …
Short-sale constraints and the idiosyncratic volatility puzzle: An event study approach
Using three natural experiments, we test the hypothesis that investor overconfidence
produces overpricing of high idiosyncratic volatility stocks in the presence of binding short …
produces overpricing of high idiosyncratic volatility stocks in the presence of binding short …
[BOOK][B] Investment Decisions on Illiquid Assets: A Search Theoretical Approach to Real Estate Liquidity
J Morawski - 2009 - books.google.com
The Portfolio Selection Model developed by Markowitz in the 1950s offers a theore-cally
founded approach to combining securities into a utility-optimizing investment portfolio, that …
founded approach to combining securities into a utility-optimizing investment portfolio, that …