chunk1

ABSTRACT. Ekholm seeks to consider what investor overconfidence would imply for the trading behaviour of different types of investors, when new public information arrives on the stock market. Gil-Bazo analyzes empirically the effect of the investor's time horizon on his optimal asset allocation. The institutional trading class is less affected by the announcement than the active investor classes, suggesting that institutions utilize a broader information set than individual investors.

 

ALEXANDRA-MADALINA CIUTEANU
 
 
 

Home | About Us | Sales | Author's Page | Journals | Abstracting & Indexing | Contributors | Books | Contact | Online Access

© 2009 Addleton Academic Publishers. All Rights Reserved.

 
Joomla templates by Joomlashine