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Risk tolerance and asset allocation for investors nearing retirement
8 references·16 citing·46 second hop
Risk tolerance and asset allocation for investors nearing retirement (2000)Risk tolerance and asset allocation for i…Gender differences in defined contribution pension decisions (1999)Gender differences in defined…Risk Aversion Measures (1996)Risk Aversion MeasuresAn Asset Allocation Puzzle (1994)An Asset Allocation PuzzleAsset Allocation and Individual Risk Aversion (1992)Asset Allocation and Individu…RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)RATIONAL CHOICE AND THE FRAMI…Determinants of Portfolio Performance (1986)Determinants of Portfolio Per…Risk Aversion Revisited (1983)Risk Aversion RevisitedTHE DEMAND FOR RISKY ASSETS (1977)THE DEMAND FOR RISKY ASSETSThe Impact of Financial Literacy on Retirement Planning with Serial Mediation of Financial Risk Tolerance and Saving Behavior: Evidence of Medium Entrepreneurs in Indonesia (2022)The Impact of Financial Liter…The role of financial literacy and risk tolerance: an analysis of genderdifferences in the textile sector of Pakistan (2021)The role of financial literac…Are narcissistic CEOs more tax aggressive? The moderating role of internal audit committees (2021)Are narcissistic CEOs more ta…Relationship between risk aversion, risky investment intention, investment choices (2020)Relationship between risk ave…Financial Capability and Financial Planning at the Verge of Retirement Age (2020)Financial Capability and Fina…Female workers' readiness for retirement planning: an evidence from Indonesia (2020)Female workers' readiness for…The joint influence of financial risk perception and risk tolerance on individual investment decision‐making (2017)The joint influence of financ…The Influence of Personality Traits on Households’ Financial Risk Tolerance and Financial Behaviour (2017)The Influence of Personality …The Influence of Financial Risk Tolerance on Investment Decision-Making in a Financial Advice Context (2016)The Influence of Financial Ri…Trust in others: does it affect investment decisions? (2015)Trust in others: does it affe…The Grable and Lytton risk-tolerance scale (2015)The Grable and Lytton risk-to…Retail investors' financial risk tolerance and their risk-taking behaviour: The role of demographics as differentiating and classifying factors (2015)Retail investors' financial r…Investors’ trading activity: A behavioural perspective and empirical results (2011)Investors’ trading activity: …GENDER‐BASED RISK AVERSION AND RETIREMENT ASSET ALLOCATION (2010)GENDER‐BASED RISK AVERSION AN…DETERMINANTS OF FAMILY BUSINESS RESILIENCE AFTER A NATURAL DISASTER BY GENDER OF BUSINESS OWNER (2009)DETERMINANTS OF FAMILY BUSINE…Risk Tolerance and the Investment Behavior of Black and Hispanic Heads of Household (2003)Risk Tolerance and the Invest…Criteria for Choice Among Risky Ventures (1959)An Intertemporal Capital Asset Pricing Model (1973)The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money (1989)Why do people pay taxes? (1992)Economic foundations of cost-effectiveness analysis (1997)Inequality, Social Insurance, and Redistribution (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)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)Variable Selection for Portfolio Choice (2001)Dynamic Asset Allocation under Inflation (2002)Time Horizon, Costs of Equity Capital, and Generic Investment Strategies of Firms (2007)Prospect Theory: An Analysis of Decision under Risk (1979)An Evolutionary Theory of Economic Change. (1983)Prospect theory: An analysis of decision under risk (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)The effects of feedback interventions on performance: A historical review, a meta-analysis, and a preliminary feedback intervention theory. (1996)A perspective on judgment and choice: Mapping bounded rationality. (2003)Risk Aversion in the Small and in the Large (1976)ARE WOMEN MORE RISK AVERSE? 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(1966)Essays in the Theory of Risk-Bearing. (1972)An exploratory investigation of the relation between risk tolerance scores and demographic characteristics (2003)Effects of Marriage and Children on Financial Risk Tolerance: A Synthesis of Family Development and Prospect Theory (2003)Factors Influencing Individual Investor Behavior (1994)Gender Differences in Risk Aversion and Expected Retirement Benefits (2007)Some comments on Hurst exponent and the long memory processes on capital markets (2008)Theory of games and economic behavior (2019)A Random Walk Down Wall Street (1973)Marriage and other risky assets: A portfolio approach (2011)Executive stock options, gender diversity in the top management team, and firm risk taking (2014)The Structure and Performance of the Money Management Industry (1992)The Behavior of Stock Prices Around Institutional Trades (1995)Beyond Greed and Fear (2002)
this work references cited by second hop

References

  • 1988RATIONAL CHOICE AND THE FRAMING OF DECISIONS3,712 cited
  • 1977THE DEMAND FOR RISKY ASSETS1,052 cited
  • 1986Determinants of Portfolio Performance1,031 cited
  • 1992Asset Allocation and Individual Risk Aversion583 cited
  • 1983Risk Aversion Revisited438 cited
  • 1994An Asset Allocation Puzzle423 cited
  • 1999Gender differences in defined contribution pension decisions237 cited
  • 1996Risk Aversion Measures190 cited

Cited by

  • 2009DETERMINANTS OF FAMILY BUSINESS RESILIENCE AFTER A NATURAL DISASTER BY GENDER OF BUSINESS OWNER162 cited
  • 2010GENDER‐BASED RISK AVERSION AND RETIREMENT ASSET ALLOCATION151 cited
  • 2011Investors’ trading activity: A behavioural perspective and empirical results139 cited
  • 2017The joint influence of financial risk perception and risk tolerance on individual investment decision‐making130 cited
  • 2015Retail investors' financial risk tolerance and their risk-taking behaviour: The role of demographics as differentiating and classifying factors130 cited
  • 2020Relationship between risk aversion, risky investment intention, investment choices121 cited
  • 2017The Influence of Personality Traits on Households’ Financial Risk Tolerance and Financial Behaviour

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117 cited
  • 2021Are narcissistic CEOs more tax aggressive? The moderating role of internal audit committees110 cited
  • 2022The Impact of Financial Literacy on Retirement Planning with Serial Mediation of Financial Risk Tolerance and Saving Behavior: Evidence of Medium Entrepreneurs in Indonesia74 cited
  • 2016The Influence of Financial Risk Tolerance on Investment Decision-Making in a Financial Advice Context72 cited
  • 2003Risk Tolerance and the Investment Behavior of Black and Hispanic Heads of Household61 cited
  • 2020Financial Capability and Financial Planning at the Verge of Retirement Age57 cited
  • 2021The role of financial literacy and risk tolerance: an analysis of genderdifferences in the textile sector of Pakistan51 cited
  • 2015The Grable and Lytton risk-tolerance scale49 cited
  • 2015Trust in others: does it affect investment decisions?47 cited
  • 2020Female workers' readiness for retirement planning: an evidence from Indonesia45 cited