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Household Portfolio Diversification: A Case for Rank-Dependent Preferences
16 references·16 citing·22 second hopsampled
Household Portfolio Diversification: A Case for Rank-Dependent Preferences (2005)Household Portfolio Diversification: A Ca…Theory of games and economic behavior (2019)Theory of games and economic …The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations (2007)The Expected Utility Model: I…Consumption and Portfolio Choice over the Life Cycle (2005)Consumption and Portfolio Cho…Naive Diversification Strategies in Defined Contribution Saving Plans (2001)Naive Diversification Strateg…Developments in Non-Expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk (2000)Developments in Non-Expected …Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Preference and belief: Ambiguity and competence in choice under uncertainty (1991)Preference and belief: Ambigu…Precautionary Saving in the Small and in the Large (1990)Precautionary Saving in the S…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The Dual Theory of Choice under Risk (1987)The Dual Theory of Choice und…A theory of anticipated utility (1982)A theory of anticipated utili…"Expected Utility" Analysis without the Independence Axiom (1982)"Expected Utility" Analysis w…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS* (1976)SKEWNESS PREFERENCE AND THE V…PORTFOLIO SELECTION* (1952)PORTFOLIO SELECTION*The Utility Analysis of Choices Involving Risk (1948)The Utility Analysis of Choic…Household Finance (2021)Household FinanceAmbiguity aversion and household portfolio choice puzzles: Empirical evidence (2016)Ambiguity aversion and househ…Risk preferences and pesticide use by cotton farmers in China (2013)Risk preferences and pesticid…Household Finance: An Emerging Field (2013)Household Finance: An Emergin…Home Bias in Open Economy Financial Macroeconomics (2013)Home Bias in Open Economy Fin…Who Gambles in the Stock Market? (2009)Who Gambles in the Stock Mark…Information Acquisition and Under-Diversification (2009)Information Acquisition and U…Financial literacy and portfolio diversification (2009)Financial literacy and portfo…Stocks as Lotteries: The Implications of Probability Weighting for Security Prices (2008)Stocks as Lotteries: The Impl…Portfolio Concentration and the Performance of Individual Investors (2008)Portfolio Concentration and t…Just How Much Do Individual Investors Lose by Trading? (2008)Just How Much Do Individual I…International asset allocation under regime switching, skew, and kurtosis preferences (2008)International asset allocatio…Equity Portfolio Diversification (2008)Equity Portfolio Diversificat…Trading Performance, Disposition Effect, Overconfidence, Representativeness Bias, and Experience of Emerging Market Investors (2007)Trading Performance, Disposit…Equilibrium Underdiversification and the Preference for Skewness (2007)Equilibrium Underdiversificat…Stocks as Lotteries: the Implications of Probability Weighting for Security Prices (2005)Stocks as Lotteries: the Impl…Judgment under Uncertainty: Heuristics and Biases (1975)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)A perspective on judgment and choice: Mapping bounded rationality. (2003)Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework (1989)Subjective probability and expected utility without additivity (2004)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)The Framing of Decisions and the Psychology of Choice (1981)Time Discounting and Time Preference: A Critical Review (2002)The Adaptive Markets Hypothesis (2004)Understanding Consumption (1992)Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis (1997)Conditional Skewness in Asset Pricing Tests (2000)Toward a positive theory of consumer choice (1980)Risk as feelings. (2001)RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)Non-cooperative games (1989)Conditional value-at-risk for general loss distributions (2002)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? (2007)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 2019Theory of games and economic behavior16,630 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1952PORTFOLIO SELECTION*13,480 cited
  • 1982A theory of anticipated utility3,136 cited
  • 1948The Utility Analysis of Choices Involving Risk3,097 cited
  • 1987The Dual Theory of Choice under Risk2,426 cited
  • 2000Developments in Non-Expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk1,902 cited
  • 1990Precautionary Saving in the Small and in the Large1,850 cited
  • 1976SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS*1,808 cited
  • 1991Preference and belief: Ambiguity and competence in choice under uncertainty1,705 cited
  • 2005Consumption and Portfolio Choice over the Life Cycle1,544 cited
  • 2001Naive Diversification Strategies in Defined Contribution Saving Plans1,538 cited
  • 1982"Expected Utility" Analysis without the Independence Axiom1,518 cited
  • 2007

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The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations
1,428 cited

Cited by

  • 2009Who Gambles in the Stock Market?1,808 cited
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  • 2008Equity Portfolio Diversification1,221 cited
  • 2008Just How Much Do Individual Investors Lose by Trading?952 cited
  • 2007Equilibrium Underdiversification and the Preference for Skewness784 cited
  • 2009Information Acquisition and Under-Diversification663 cited
  • 2007Trading Performance, Disposition Effect, Overconfidence, Representativeness Bias, and Experience of Emerging Market Investors627 cited
  • 2005Stocks as Lotteries: the Implications of Probability Weighting for Security Prices513 cited
  • 2021Household Finance479 cited
  • 2013Household Finance: An Emerging Field450 cited
  • 2009Financial literacy and portfolio diversification412 cited
  • 2008International asset allocation under regime switching, skew, and kurtosis preferences400 cited
  • 2016Ambiguity aversion and household portfolio choice puzzles: Empirical evidence391 cited
  • 2008Portfolio Concentration and the Performance of Individual Investors362 cited
  • 2013Home Bias in Open Economy Financial Macroeconomics359 cited
  • 2013Risk preferences and pesticide use by cotton farmers in China311 cited