Behavioral Portfolio Choice with Downside Risk Information: An Experimental Analysis

2006 ◽  
Author(s):  
Munenori Nakasato ◽  
Tomoki Kitamura ◽  
Yasuhiro Yonezawa
2006 ◽  
Vol 7 (4) ◽  
pp. 427-448 ◽  
Author(s):  
Alexander Klos ◽  
Martin Weber

Abstract This paper reports the results of an experiment on portfolio choice in the presence of non-tradable income. The non-tradable income part could either be riskless or risky (background risk). In many cases, we observe behavior that is qualitatively consistent with the predictions of normative theory. However, correlations between financial and non-tradable wealth are neglected. The computation of aggregated risk profiles helps subjects to partly overcome the deviations from normative theory due to neglect of correlations.


2016 ◽  
Vol 92 ◽  
pp. 52-67 ◽  
Author(s):  
Darshana Rajapaksa ◽  
Clevo Wilson ◽  
Shunsuke Managi ◽  
Vincent Hoang ◽  
Boon Lee

2015 ◽  
Author(s):  
Aaron S. Richmond ◽  
Jared Becknell ◽  
Jeanne M. Slattery ◽  
Robin Morgan ◽  
Nathanael Mitchell

1984 ◽  
Author(s):  
Henry H. Emurian ◽  
Joseph V. Brady ◽  
Ronald L. Ray ◽  
James L. Meyerhoff ◽  
Edward H. Mougey

2006 ◽  
Author(s):  
Patrick R. Siebert ◽  
Mustapha Mouloua ◽  
Stephanie Deese ◽  
Nicholas F. Barrese ◽  
Elizabeth L. Jacobson

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