Benutzer: Gast  Login
Dokumenttyp:
Zeitschriftenaufsatz 
Autor(en):
Lichtenstern, A., Escobar, M., Zagst, R. 
Titel:
Behavioral Finance driven Investment Strategies 
Abstract:
Portfolio insurance strategies that ensure a certain minimum portfolio value or floor such as the Constant Proportion Portfolio Insurance (CPPI) and the Option-based Portfolio Insurance (OBPI) are economically important and widely spread among the banking and insurance industries. In distress and volatile market environments, investors such as pension funds have a need to insure their portfolios against downside risk in order to meet certain future payments or liabilities. Non-anticipate...    »
 
Stichworte:
Behavioral optimal portfolio choice. Behavioral finance, Constant proportion portfolio insurance, Probability distortion 
Zeitschriftentitel:
submitted for publication 
Jahr:
2017 
Sprache:
en 
Status:
Preprint / submitted