Remark on Risk Perception with Overconfidence  

作　　者：Chunpeng Yang 

机构地区：[1]School of Economics and Commerce, South China University of Technology, Guangzhou 510006,China

出　　处：《Journal of Systems Science and Information》2008年第3期221-226,共6页系统科学与信息学报（英文）

基　　金：This project is supported by National Natural Science Foundation of China（70571042）

摘　　要：Some financial experiments find that individuals＇ risk perception in favor of shortfall measures like LPMs. This paper provides an individuals＇ risk perception model and a risk perception model with overconfidence according to results of financial experiments and shows that investors＇ psychology could influence individuals＇ risk perceptions, and further, investors＇ psychology could influence investment decisions.

关 键 词：lower partial moments risk perception OVERCONFIDENCE 

分 类 号：F22[经济管理—国民经济]