BeFi - Investment Decision-Making: Lecture 7 - The winning prospects of prospect theory
Herman Brodie | Prospecta | 1.00 CE
Two of the most important practical implications of prospect theory in asset pricing are the existence of price momentum, and investors’ preferences for skewness in the distribution of returns.
- the Jegadeesh & Titman trading strategy;
- other research and studies into momentum methodologies used in other markets;
- the attributed (behaviour...