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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Detalhes bibliográficos
Autor principal: Gaspar, Raquel M. (author)
Outros Autores: Silva, Paulo M. (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2019
Assuntos:
Texto completo:http://hdl.handle.net/10400.5/18422
País:Portugal
Oai:oai:www.repository.utl.pt:10400.5/18422