Sökning: "Cumulative Prospect Theory"

Visar resultat 1 - 5 av 7 uppsatser innehållade orden Cumulative Prospect Theory.

  1. 1. Evaluating probability weighting among lottery bond investors: an observational study on Cumulative Prospect Theory

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Författare :Anton Eriksson Nyberg; Olof de Blanche; [2024]
    Nyckelord :Cumulative Prospect Theory; CPT; observational study; field study; lottery bonds;

    Sammanfattning : Cumulative Prospect Theory is a leading descriptive theory of decisions under uncertainty, backed up by a plethora of experimental evidence. This paper is one of the first to apply it to observational data. Risk attitudes in the bond market have not been studied in a CPT framework. We fill this research gap. LÄS MER

  3. 2. Risk preferences of agricultural students and their willingness to become a farmer

    Master-uppsats, SLU/Dept. of Economics

    Författare :Lukas Bonar Nainggolan; [2022]
    Nyckelord :risk preferences; cumulative prospect theory; agricultural students; experiment; generation renewal; Indonesia;

    Sammanfattning : This study investigates the link between risk preferences of agricultural students and their willingness to become a farmer. I measure willingness to become a farmer and risk preferences in an online survey and incentivized experiment conducted with 577 students at Bogor Agricultural University, Indonesia. LÄS MER

  4. 3. Green Banking’s role in the Swedish banking sector

    Magister-uppsats, Umeå universitet/Företagsekonomi

    Författare :Andreas Mattsson; [2022]
    Nyckelord :;

    Sammanfattning : Global warming is a growing problem, and climate changes are now moving toward a state that is greater than usual. Various industries and customers’ needs to change their buying behavior to save our planet. As a key performer in society, the bank sector is evolving and changing towards a greener future. LÄS MER

  5. 4. The Performance of Stocks Earning Extreme Single-Day Returns: Evidence from Sweden

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Dominik Schleuss; Tavish Gantz; [2021]
    Nyckelord :MAX Effect; Extreme returns; Cross-section of returns; Lottery-like payoffs; Behavioral Finance;

    Sammanfattning : In 2011, Bali et al. presented evidence that stocks with extreme one and multi day-returns significantly underperform stocks with less extreme returns in the following month. They attributed this to investors exhibiting a preference for stocks with lottery-like payoffs. LÄS MER

  7. 5. Are investors better safe than sorry? The impact of extreme losses in the return distribution on capital allocation in actively managed equity funds

    C-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Ylvali Busch; Gustav Göransson; [2020]
    Nyckelord :Mutual funds; Actively managed equity funds; Fund flows; Extreme payoffs; Prospect theory;

    Sammanfattning : In this paper, we show that capital flow to actively managed equity funds is dependent on past extreme negative return states of the fund. Specifically, we examine how an extreme negative monthly payoff impacts the investment flow of actively managed equity funds in the following year, adjusting for past performance and other fund characteristics. LÄS MER