Salience and Asset Prices

被引:145
作者
Bordalo, Pedro [1 ]
Gennaioli, Nicola [2 ]
Shleifer, Andrei [3 ]
机构
[1] Univ London, Dept Econ, Egham TW20 0EX, Surrey, England
[2] Univ Bocconi, Dept Finance, Milan, Italy
[3] Harvard Univ, Dept Econ, Littauer Ctr, Cambridge, MA 02138 USA
关键词
PROSPECT-THEORY;
D O I
10.1257/aer.103.3.623
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:623 / 628
页数:6
相关论文
共 14 条
[1]   Prospect theory and asset prices [J].
Barberis, N ;
Huang, M ;
Santos, T .
QUARTERLY JOURNAL OF ECONOMICS, 2001, 116 (01) :1-53
[2]   Stocks as Lotteries: The Implications of Probability Weighting for Security Prices [J].
Barberis, Nicholas ;
Huang, Ming .
AMERICAN ECONOMIC REVIEW, 2008, 98 (05) :2066-2100
[3]   Thirty Years of Prospect Theory in Economics: A Review and Assessment [J].
Barberis, Nicholas C. .
JOURNAL OF ECONOMIC PERSPECTIVES, 2013, 27 (01) :173-195
[4]  
Benartzi Shlomo, 2000, MYOPIC LOSS AVERSION
[5]   Salience Theory of Choice Under Risk [J].
Bordalo, Pedro ;
Gennaioli, Nicola ;
Shleifer, Andrei .
QUARTERLY JOURNAL OF ECONOMICS, 2012, 127 (03) :1243-1285
[6]  
Bordalo Pedro, 2012, 17947 NAT BUR EC RES
[7]   Expected Idiosyncratic Skewness [J].
Boyer, Brian ;
Mitton, Todd ;
Vorkink, Keith .
REVIEW OF FINANCIAL STUDIES, 2010, 23 (01) :169-202
[8]   The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors [J].
Campbell, John Y. ;
Shiller, Robert J. .
REVIEW OF FINANCIAL STUDIES, 1988, 1 (03) :195-228
[9]   In Search of Distress Risk [J].
Campbell, John Y. ;
Hilscher, Jens ;
Szilagyi, Jan .
JOURNAL OF FINANCE, 2008, 63 (06) :2899-2939
[10]   THE CROSS-SECTION OF EXPECTED STOCK RETURNS [J].
FAMA, EF ;
FRENCH, KR .
JOURNAL OF FINANCE, 1992, 47 (02) :427-465