dc.contributor.author | Barua, Samir K. | |
dc.contributor.author | Srinivasan, G. | |
dc.date.accessioned | 2010-09-29T10:01:27Z | |
dc.date.available | 2010-09-29T10:01:27Z | |
dc.date.copyright | 1991 | |
dc.date.issued | 1991-09-29T10:01:27Z | |
dc.identifier.uri | http://hdl.handle.net/11718/9169 | |
dc.description | Sankhyā: The Indian Journal of Statistics, Series B, Vol. 53, No. 1 (Apr., 1991), pp. 74-88 | en |
dc.description.abstract | The inquiry into the investment behaviour of individuals through experi
mental data provided a good insight. The importance of combination of variance and skewness
in determining the risk perception of individuals was suggested by the analysis of data generated.
The influence of skewness on the decision process implies that investors may be interested in
minimizing mnximum loss. The behaviour of the participants is well explained by the adjusted
logarithmic and adjusted power functions with low values of the coefficient of power. The
rejection of quadratic utility function was consistent with the evidence that higher moments also
played a role in the decision making process of individuals. | |
dc.language.iso | en | en |
dc.subject | Investment Decision | en |
dc.subject | Experiment | en |
dc.subject | Mean-Variance | en |
dc.subject | skewness | en |
dc.title | Experiment on individual investment decision making process | en |
dc.type | Article | en |