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Effects of wealth on portfolios under various investment conditions
10 references·5 citing·31 second hop
Effects of wealth on portfolios under various investment conditions (1984)Effects of wealth on portfolios under var…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Investing capital on safe and risky alternatives: An experimental study. (1979)Investing capital on safe and…Risk Aversion in the Small and in the Large (1976)Risk Aversion in the Small an…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Optimal Multiperiod Portfolio Policies (1968)Optimal Multiperiod Portfolio…Some invariances of the isosensitivity function and their implications for the utility function of money. (1967)Some invariances of the isose…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…The Direct Measurement of Utility and Subjective Probability (1962)The Direct Measurement of Uti…PORTFOLIO SELECTION* (1952)PORTFOLIO SELECTION*Risk aversion and social influence (2025)Risk aversion and social infl…Experimental Economics and the Theory of Finance (2022)Experimental Economics and th…Experimental Economics and the Theory of Finance (2012)Experimental Economics and th…Experimental economics and the theory of finance (2006)Experimental economics and th…Selection of portfolios with risky and riskless assets: Experimental tests of two expected utility models (1988)Selection of portfolios with …New Directions in Psychology (1962)Handbook of mathematical psychology: I. (1963)A Significance Test for One Parameter Isosensitivity Functions (1967)Payoff effects in sequential decision-making. (1968)BIAS FUNCTIONS AND OPERATING CHARACTERISTICS OF RATS DISCRIMINATING AUDITORY STIMULI (1974)Suboptimal decision criteria are predicted by subjectively weighted probabilities and rewards (2014)Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Utility measurement: Configural-weight theory and the judge's point of view. (1992)“If I look at the mass I will never act”: Psychic numbing and genocide (2007)If I look at the mass I will never act (2007)Moral Hazard and Observability (1979)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Multiperiod Consumption-Investment Decisions (1975)Universal Portfolios (1991)Aspects of Rational Insurance Purchasing (1992)Financial Intermediation and Delegated Monitoring (1984)Well-being : the foundations of hedonic psychology (1999)Advances in prospect theory: Cumulative representation of uncertainty (1992)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)Decision behavior in a multistage investment task (1994)Buying protection in a multistage investment task (1996)On the measurement of inequality (1970)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)The arbitrage theory of capital asset pricing (1976)
this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1952PORTFOLIO SELECTION*13,480 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Risk Aversion in the Small and in the Large4,655 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1968Optimal Multiperiod Portfolio Policies779 cited
  • 1962The Direct Measurement of Utility and Subjective Probability144 cited
  • 1967Some invariances of the isosensitivity function and their implications for the utility function of money.53 cited
  • 1979Investing capital on safe and risky alternatives: An experimental study.23 cited

Cited by

  • 1988Selection of portfolios with risky and riskless assets: Experimental tests of two expected utility models10 cited
  • 2025Risk aversion and social influence1 cited
  • 2022Experimental Economics and the Theory of Finance1 cited
  • 2006Experimental economics and the theory of finance1 cited
  • 2012Experimental Economics and the Theory of Finance0 cited

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