. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an … pressure generates riskseeking behavior and undermines the predominance of the most skilled. -- Risk preferences ; competition …

the professional competition between fund managers as a practical example. To explore how different settings of … competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an evolutionary … ; competition ; genetic programming ; fund managers ; portfolio theory …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an … measures on how to achieve this. -- risk preferences ; competition ; genetic programming ; fund managers ; portfolio theory …

the professional competition between fund managers as a practical example. To explore how different settings of … competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an evolutionary …

the professional competition between fund managers as a practical example. To explore how different settings of … competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an evolutionary …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

. As a practical example, the professional competition between fund managers is considered. To explore how different … settings of competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an …

the professional competition between fund managers as a practical example. To explore how different settings of … competition parameters, the exclusion rate and the exclusion interval, affect individual investment behavior, an evolutionary …

This paper develops a tractable dynamic model of competition between two risk-averse portfolio managers who attempt to … risk due to competition. Contrary to the standard result without competition, a higher risk aversion could well incentivize … more risk taking. We also show that competition can be conducive to asset specialization, and hence under …