Investors' perspective on portfolio insurance : expected utility vs prospect theories
This study supports the use of behavioural finance to explain the popularity of portfolio insurance. Portfolio insurance strategies are important financial solutions sold to institutional and individual investors, that protect against downside risk while maintaining some upside valuation potential....
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10400.5/18422 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/18422 |