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Methodological Aspects of Behavioural Portfolio with Multitasking

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  • Majewski Sebastian

    (Department of Insurance and Capital Markets, Faculty of Management Science and Economics, University of Szczecin, Mickiewicza 64, 71-101 Szczecin)

Abstract

The main goal of this article is to show how much complicated is the process of building portfolio in behavioural approach. This approach is strongly connected with multitasking because of fact of conflicting goals in the making decision process. The graphic interpretation of the influence of the changes in investor's preferences on the utility curve will be analysed in this paper. The perspectives theory by Kahneman and Tversky is the base of methodological considerations included in this work.

Suggested Citation

  • Majewski Sebastian, 2010. "Methodological Aspects of Behavioural Portfolio with Multitasking," Folia Oeconomica Stetinensia, Sciendo, vol. 9(1), pages 24-33, January.
    • Handle: RePEc:vrs:foeste:v:9:y:2010:i:1:p:24-33:n:6
    DOI: 10.2478/v10031-010-0008-4
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    References listed on IDEAS

    as
    1. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    2. Shefrin, Hersh & Statman, Meir, 2000. "Behavioral Portfolio Theory," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 35(2), pages 127-151, June.
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