Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds
收藏NBER2006-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12261
下载链接
链接失效反馈官方服务:
资源简介:
Experimental subjects allocate $10,000 across four S&P 500 index funds. Subject rewards depend on the chosen portfolio's subsequent return. Because the investments are not actually intermediated by the fund companies, portfolio returns are unbundled from non-portfolio services. The optimal portfolio
提供机构:
美国国家经济研究局
创建时间:
2006-05-01



