Construct · 1 fields · 1 citations

skewness preference: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
skewnesspreference1 CONSTRUCTSkewness preference BARBERIS · BEHAVIORAL FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Behavioral finance

investors' overweighting of small chances of large gains, which leads positively skewed securities to be overpriced and earn low returns.

In behavioral finance, skewness preference refers to investors' overweighting of small chances of large gains, which leads positively skewed securities to be overpriced and earn low returns. This meaning comes from Barberis (2008) in American Economic Review.[1]

Unit
Recovery means
Measured by

Next

Run it through the Collider, or take the citations with you.

See how skewness preference sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in ColliderExport BibTeXReport this entry

Nearby constructs

preference4 fields · 7 citationsjingle · one word, four constructs

References

  1. Barberis, N., & Huang, M. (2008). Stocks as Lotteries: The Implications of Probability Weighting for Security Prices. American Economic Review, 98(5), 2066-2100. https://doi.org/10.1257/aer.98.5.2066

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct