Goal-Based Investing with Cumulative Prospect Theory and Satisficing Behavior
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Cited by:
- Omid Momen & Akbar Esfahanipour & Abbas Seifi, 2020. "A robust behavioral portfolio selection: model with investor attitudes and biases," Operational Research, Springer, vol. 20(1), pages 427-446, March.
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More about this item
Keywords
behavioral finance; portfolio selection; mental accounting; narrow framing; cumulative prospect theory; satisficing; loss aversion; goal-based approach;All these keywords.
JEL classification:
- D10 - Microeconomics - - Household Behavior - - - General
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2009-08-22 (Cognitive and Behavioural Economics)
- NEP-UPT-2009-08-22 (Utility Models and Prospect Theory)
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