On the investment direction of a behavioral portfolio choice model
文献类型：期刊论文
| 作者 | Lou, Youcheng
|
| 刊名 | OPERATIONS RESEARCH LETTERS
 |
| 出版日期 | 2019-07-01 |
| 卷号 | 47期号:4页码:270-273 |
| ISSN号 | 0167-6377 |
| 关键词 | Cumulative prospect theory Investment direction Actual market opportunity Perceived market opportunity |
| DOI | 10.1016/j.orl.2019.03.018 |
| 英文摘要 | The existing results show that for two-point distributions, the investment direction of a CPT-investor is determined by the actual (respectively, perceived) market opportunity when the investor is in a gain (respectively, loss) position. For general distributions this article shows that the result in the case of gain positions still holds when the CPT-investor is sufficiently loss-averse, but no longer holds in the case of loss positions by constructing counterexamples. (C) 2019 Elsevier B.V. All rights reserved. |
| WOS研究方向 | Operations Research & Management Science |
| 语种 | 英语 |
| 出版者 | ELSEVIER SCIENCE BV |
| WOS记录号 | WOS:000474502700008 |
| 源URL | [http://ir.amss.ac.cn/handle/2S8OKBNM/35161]  |
| 专题 | 系统科学研究所 |
| 通讯作者 | Lou, Youcheng |
| 作者单位 | Chinese Acad Sci, Acad Math & Syst Sci, Key Lab Management Decis & Informat Syst, Beijing, Peoples R China |
| 推荐引用方式 GB/T 7714 | Lou, Youcheng. On the investment direction of a behavioral portfolio choice model[J]. OPERATIONS RESEARCH LETTERS,2019,47(4):270-273. |
| APA | Lou, Youcheng.(2019).On the investment direction of a behavioral portfolio choice model.OPERATIONS RESEARCH LETTERS,47(4),270-273. |
| MLA | Lou, Youcheng."On the investment direction of a behavioral portfolio choice model".OPERATIONS RESEARCH LETTERS 47.4(2019):270-273. |
入库方式： OAI收割
来源：数学与系统科学研究院
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