Browsing FGV EAESP - GVcef - Working Papers by Author "Martits, Luiz Augusto"
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Asymmetric preferences in investment decisions in the Brazilian financial market
Martits, Luiz Augusto; Eid Júnior, William
2007The main objective of this article is to test the hypothesis that utility preferences that incorporate asymmetric reactions between gains and losses generate better results than the classic Von Neumann-Morgenstern utility ...