Household Portfolio Underdiversification and Probability Weighting: Evidence from the Field
收藏NBER2018-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24928
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资源简介：
We explore the relation between probability weighting and household portfolio underdiversification in a representative household survey, using custom-designed incentivized lotteries. On average, people display Inverse-S shaped probability weighting, overweighting the small probabilities of tail
提供机构：
美国国家经济研究局
创建时间：
2018-08-01
