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Keywords: Prospect Theory
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Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2020) 28 (1): 135–157.
Published: 29 February 2020
... funds in this low-interest-rate environment. Outsourced Chief Investment Officer (OCIO) Evaluation Period Prospect Theory Loss Aversion Agency Problem © 2020 Emerald Publishing Limited 2020 This article is published under the Creative Commons Attribution (CC BY 4.0) licence. Anyone may...
Journal Articles
Journal of Derivatives and Quantitative Studies: Seonmul yeon’gu (2013) 21 (1): 71–96.
Published: 28 February 2013
... new explanation. The trader's risk-seeking behavior is based on prospect theory (Kahneman and Tversky (1979)). We argue that the risk-seeking traders cause intraday momentum effect to generate the U-shaped pattern of this mispricing. We add speculator's variables to Kim and Park (2011)'s regression...

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