Do Individual and Institutional Investors Have Loss Aversion Behavior in the Futures Market?

碩士 === 國立成功大學 === 國際企業研究所碩博士班 === 94 === Abstract This paper examines whether loss aversion exists in TAIXE futures markets. Loss aversion: the value function of a trader is steeper in the negative than in the positive domain; losses loom larger than corresponding gains. Which means a trader will b...

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Bibliographic Details
Main Authors: Chun-Hung Chen, 陳俊宏
Other Authors: Min-Hsien Chiang
Format: Others
Language:en_US
Published: 2006
Online Access:http://ndltd.ncl.edu.tw/handle/43516146513972233331