From hedging to speculation -- an explanation based on prospect theory

DOI10.1007/S11424-008-9121-YzbMath1173.91392OpenAlexW2005028611MaRDI QIDQ732795

Qingwei Liu, Yi Li, Shou-Yang Wang

Publication date: 15 October 2009

Published in: Journal of Systems Science and Complexity (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11424-008-9121-y

zbMATH Keywords

hedgingloss aversionprospect theoryreference point

Mathematics Subject Classification ID

Financial applications of other theories (91G80)

Cites Work

• Prospect Theory and Asset Prices
• Prospect Theory: An Analysis of Decision under Risk

This page was built for publication: From hedging to speculation -- an explanation based on prospect theory