• xmlui.mirage2.page-structure.header.title
    • français
    • English
  • Help
  • Login
  • Language 
    • Français
    • English
View Item 
  •   BIRD Home
  • CEREMADE (UMR CNRS 7534)
  • CEREMADE : Publications
  • View Item
  •   BIRD Home
  • CEREMADE (UMR CNRS 7534)
  • CEREMADE : Publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

BIRDResearch centres & CollectionsBy Issue DateAuthorsTitlesTypeThis CollectionBy Issue DateAuthorsTitlesType

My Account

LoginRegister

Statistics

Most Popular ItemsStatistics by CountryMost Popular Authors
Thumbnail - No thumbnail

On Portfolio Choice with Savoring and Disappointment

Jouini, Elyès; Karehnke, Paul; Napp, Clotilde (2014), On Portfolio Choice with Savoring and Disappointment, Management Science, 60, 3, p. 796-804. http://dx.doi.org/10.1287/mnsc.2013.1767

Type
Article accepté pour publication ou publié
External document link
https://halshs.archives-ouvertes.fr/halshs-00927267
Date
2014
Journal name
Management Science
Volume
60
Number
3
Publisher
INFORMS
Pages
796-804
Publication identifier
http://dx.doi.org/10.1287/mnsc.2013.1767
Metadata
Show full item record
Author(s)
Jouini, Elyès

Karehnke, Paul

Napp, Clotilde cc
Abstract (EN)
We revisit the model proposed by Gollier-Müermann (2010). In GM, the set of possible anticipations is assumed to be exogeneously fixed. We rather propose a set of possible anticipations that is endogeneously fixed. This permits to consider lotteries with different supports and to revisit the portfolio choice problem, leading to new conclusions and interesting insights.
Subjects / Keywords
Portfolio choice
JEL
G11 - Portfolio Choice; Investment Decisions

Related items

Showing items related by title and author.

  • Thumbnail
    Stereotypes, underconfidence and decision-making with an application to gender and math 
    Jouini, Elyès; Karehnke, Paul; Napp, Clotilde (2018) Article accepté pour publication ou publié
  • Thumbnail
    Portfolio choice and asset pricing with endogenous beliefs and skewness preference 
    Karehnke, Paul (2014-11) Thèse
  • Thumbnail
    Consensus Consumer and Intertemporal Asset Pricing with Heterogeneous Beliefs 
    Jouini, Elyès; Napp, Clotilde (2007) Article accepté pour publication ou publié
  • Thumbnail
    Arbitrage with Fixed Costs and Interest Rate Models 
    Jouini, Elyès; Napp, Clotilde (2006) Article accepté pour publication ou publié
  • Thumbnail
    Arbitrage and viability in securities markets with fixed trading costs 
    Jouini, Elyès; Napp, Clotilde; Kallal, Hedi (2001-04) Article accepté pour publication ou publié
Dauphine PSL Bibliothèque logo
Place du Maréchal de Lattre de Tassigny 75775 Paris Cedex 16
Phone: 01 44 05 40 94
Contact
Dauphine PSL logoEQUIS logoCreative Commons logo