Representation Bias, Return Forecast, and Portfolio Selection in the Stock Market of China

Representation bias means a kind of cognitive tendency, and, for investors, it can affect their behavior in the stock market. Whether the representation bias can help the return forecast and portfolio selection is an interesting problem that is less studied. In this paper, based on the representatio...

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Bibliographic Details
Main Authors: Daping Zhao, Yong Fang
Format: Article
Language:English
Published: Hindawi Limited 2014-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2014/686201