Title :
Measuring Perceived Risk of Securities Investment Based on Disposition Effect
Author_Institution :
Sch. of Economic Manage., Henan Polytech. Univ., Jiaozuo, China
Abstract :
Under the frame of behavioral finance, this article established a model of perceived risk based on the disposition effect. Simulations indicate the opposite correlation between perceived risk and the disposition effect index. This conclusion is same to the real market perceived risk.
Keywords :
investment; psychology; risk analysis; behavioral finance; disposition effect index; perceived risk; securities investment; Biological system modeling; Economics; Finance; Indexes; Investments; Loss measurement; Security;
Conference_Titel :
E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
Conference_Location :
Henan
Print_ISBN :
978-1-4244-7159-1
DOI :
10.1109/ICEEE.2010.5660719
