Roussanov, Nikolai (contributor) - 2008
Discontents: Idiosyncratic and Entrepreneurial
Risk in the Quest for Social Status
Nikolai Roussanov … social status into a simple model of portfolio choice helps
to explain a range of qualitative and quantitative stylized facts … facts by appealing to the human desire for social
status as a key driver of risk-taking behavior. Intuitively, if the …