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Anlageverhalten 1 Behavioural finance 1 Börsenkurs 1 Core 1 Europa 1 Europe 1 Index futures 1 Index-Futures 1 Risikoaversion 1 Risk aversion 1 Share price 1 Theorie 1 Theory 1
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Free 1
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English 1
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Grith, Maria 1 Härdle, Wolfgang 1 Park, Juhyun 1
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SFB 649 Discussion Paper 2009-041 1
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ECONIS (ZBW) 1
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Shape Invariant Modelling Pricing Kernels and Risk Aversion
Grith, Maria - 2017
Pricing kernels play a major role in quantifying risk aversion and investors' preferences. Several empirical studies reported that pricing kernels exhibit a common pattern across different markets. Mostly visual inspection and occasionally numerically summarise are used to make comparison. With...
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