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Behavioral Investment Management: An Efficient Alternative to Modern Portfolio Theory
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Behavioral Investment Management: An Efficient Alternative to Modern Portfolio Theory (2012)Behavioral Investment Management: An Effi…A Behavioral Approach to Asset Pricing (2008)A Behavioral Approach to Asse…Two Systems of Reasoning (2002)Two Systems of ReasoningThe Limits of Arbitrage (1995)The Limits of ArbitrageThe construction of preference. (1995)The construction of preferenc…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)LIFETIME PORTFOLIO SELECTION …Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Toward a Better Understanding of Risk-Taking in Medical Decision Making (2021)Toward a Better Understanding…Prospect Theory: An Analysis of Decision under Risk (1979)The theory of planned behavior (1991)Self-Efficacy: The Exercise of Control (1999)Nobody's watching? (2005)How we know our own minds: The relationship between mindreading and metacognition (2009)What makes us think? A three-stage dual-process model of analytic engagement (2015)Rational choice and the structure of the environment. (1956)Mental Accounting and Consumer Choice (1985)Social Theory of International Politics (1999)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Judgment under Uncertainty: Heuristics and Biases (1975)Prospect theory: An analysis of decision under risk (1988)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)A perspective on judgment and choice: Mapping bounded rationality. (2003)Portfolio Selection: Efficient Diversification of Investments (1959)Risk Aversion in the Small and in the Large (1964)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)Optimum consumption and portfolio rules in a continuous-time model (1971)Risk Aversion in the Small and in the Large (1976)A Theory of the Term Structure of Interest Rates (1985)Judgment under Uncertainty: Heuristics and Biases (1974)Perception of Risk (1987)Toward a Theory of Situation Awareness in Dynamic Systems (1995)Framing Processes and Social Movements: An Overview and Assessment (2000)A model of investor sentiment /CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Cross-Section of Expected Stock Returns (1992)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Market Liquidity and Funding Liquidity (2008)The Theory of Games and Economic Behavior (1945)Essays in the Theory of Risk-Bearing. (1972)Gender differences in risk taking: A meta-analysis. (1999)Investor Sentiment and Option Prices (2007)Investor Sentiment in the Stock Market (2007)Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility (2009)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Risk, Return, and Equilibrium: Empirical Tests (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)
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References

  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
  • 1995The construction of preference.2,046 cited
  • 1975LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING1,941 cited
  • 2008A Behavioral Approach to Asset Pricing489 cited
  • 2002Two Systems of Reasoning413 cited

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  • 2021Toward a Better Understanding of Risk-Taking in Medical Decision Making0 cited

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