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Risk and uncertainty: a fallacy of large numbers
0 references·16 citing·44 second hopsampled
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  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1995Myopic Loss Aversion and the Equity Premium Puzzle2,486 cited
  • 1975LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING1,941 cited
  • 1993Myopic Loss Aversion and the Equity Premium Puzzle1,799 cited
  • 2002Strategic Asset Allocation1,279 cited
  • 2002Nonlinear Pricing Kernels, Kurtosis Preference, and Evidence from the Cross Section of Equity Returns840 cited
  • 2001Patterns of behavior of professionally managed and independent investors699 cited
  • 2013Risk aversion and expected-utility theory: A calibration theorem692 cited
  • 1999Risk Aversion or Myopia? Choices in Repeated Gambles and Retirement Investments560 cited
  • 2000How Do Household Portfolio Shares Vary with Age550 cited
  • 1987Proper Risk Aversion540 cited
  • 1999Choice Bracketing487 cited
  • 1992Examining Risk Preferences under High Monetary Incentives: Experimental Evidence from the People's Republic of China481 cited
  • 1995Diversification bias: Explaining the discrepancy in variety seeking between combined and separated choices.453 cited
  • 1994

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An Asset Allocation Puzzle
423 cited
  • 1990First order versus second order risk aversion401 cited