Hagströmer, Björn; Anderson, Richard G.; Binner, Jane; … - Nationalekonomiska Institutionen, Ekonomihögskolan - 2007
In the Full-Scale Optimization approach the complete empirical financial return probability distribution is considered … with small deviations from normality; the findings indicate much broader usefulness of Full-Scale Optimization than has … equity indices we identify several utility functions featuring loss aversion and prospect theory; under which Full-Scale …