Publication: What makes an investment risky? An analysis of price path characteristics
What makes an investment risky? An analysis of price path characteristics
Date
Date
Date
Citations
Zeisberger, S., & Borsboom, C. (2020). What makes an investment risky? An analysis of price path characteristics. Journal of Economic Behavior & Organization, 169, 92–125. https://doi.org/10.1016/j.jebo.2019.11.002
Abstract
Abstract
Abstract
We examine the influence of financial asset historical price path characteristics on investors’ risk perception, return beliefs and investment propensity. To that end, we run a series of survey experiments in which we present various price patterns to individuals with vested interest in financial matters. Our findings reveal that price paths with identical daily and monthly returns (and consequently identical return standard deviation) can lead to substantially different risk perception by investors, indicating that historical volatil
Metrics
Views
Additional indexing
Creators (Authors)
- Borsboom, Charlotte
Journal/Series Title
Journal/Series Title
Journal/Series Title
Volume
Volume
Volume
Page range/Item number
Page range/Item number
Page range/Item number
Page end
Page end
Page end
Item Type
Item Type
Item Type
In collections
Scope
Scope
Scope
Language
Language
Language
Publication date
Publication date
Publication date
Date available
Date available
Date available
ISSN or e-ISSN
ISSN or e-ISSN
ISSN or e-ISSN
OA Status
OA Status
OA Status
Publisher DOI
Other Identification Number
Other Identification Number
Other Identification Number
Metrics
Views
Citations
Zeisberger, S., & Borsboom, C. (2020). What makes an investment risky? An analysis of price path characteristics. Journal of Economic Behavior & Organization, 169, 92–125. https://doi.org/10.1016/j.jebo.2019.11.002