Article : texte imprimé

Prior consequences and subsequent risk taking : New field evidence from the taiwan futures exchange

Yu-Jane Liu, Auteur ; Chih-Ling Tsai, Auteur ; Ming-Chun Wang, Auteur |

Dans Management science (Vol. 56 N° 4, Avril 2010)

We use a data set from market participants in the Taiwan Stock Exchange Capitalization Weighted Stock Index options markets to demonstrate a strong positive relationship between prior trading outcomes and subsequent risk taking. In particular, i[...]

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