메뉴 건너뛰기




Volumn 53, Issue 4, 2004, Pages 513-527

The behavioral relevance of mental accounting for the pricing of financial options

Author keywords

Arbitrage; Bounded rationality; Mental accounts; Option pricing

Indexed keywords


EID: 0347568496     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-2681(03)00097-0     Document Type: Article
Times cited : (34)

References (31)
  • 2
    • 0346431766 scopus 로고    scopus 로고
    • Der Fluch der Erfahrung: Professionelle Trader versus Studenten in einem Optionsbewertungsexperiment
    • Hehn, E. (Ed.), Gabler Verlag, Wiesbaden
    • Abbink, K., Rockenbach, B., 2000. Der Fluch der Erfahrung: Professionelle Trader versus Studenten in einem Optionsbewertungsexperiment. In: Hehn, E. (Ed.), Innovative Kapitalanlagekonzepte. Gabler Verlag, Wiesbaden, pp. 45-66.
    • (2000) Innovative Kapitalanlagekonzepte , pp. 45-66
    • Abbink, K.1    Rockenbach, B.2
  • 4
    • 0031396606 scopus 로고    scopus 로고
    • The international diversification puzzle is worse than you think
    • Baxter M. Jermann U.J. The international diversification puzzle is worse than you think American Economic Review 87 1997 170-180
    • (1997) American Economic Review , vol.87 , pp. 170-180
    • Baxter, M.1    Jermann, U.J.2
  • 6
    • 85015692260 scopus 로고
    • The pricing of options and corporate liabilities
    • Black F. Scholes M. The pricing of options and corporate liabilities Journal of Political Economy 81 1973 637-654
    • (1973) Journal of Political Economy , vol.81 , pp. 637-654
    • Black, F.1    Scholes, M.2
  • 9
    • 77957031257 scopus 로고
    • Financial decision making in markets and firms: A behavioral perspective
    • Jarrow, R.A., Makismovic, V., Ziemba, W.T. (Eds.), Elsevier, Amsterdam
    • DeBondt, W.F.M., Thaler, R.H., 1995. Financial decision making in markets and firms: a behavioral perspective. In: Jarrow, R.A., Makismovic, V., Ziemba, W.T. (Eds.), Finance Handbooks in OR&MS, vol. 9. Elsevier, Amsterdam, pp. 385-410.
    • (1995) Finance Handbooks in OR&MS , vol.9 , pp. 385-410
    • DeBondt, W.F.M.1    Thaler, R.H.2
  • 11
    • 0002446938 scopus 로고
    • Mean-variance analysis of currency overlays
    • Jorion P. Mean-variance analysis of currency overlays Financial Analysts Journal 50 1994 48-56
    • (1994) Financial Analysts Journal , vol.50 , pp. 48-56
    • Jorion, P.1
  • 12
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decision under risk
    • Kahneman D. Tversky A. Prospect theory: an analysis of decision under risk Econometrica 47 1979 263-291
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 17
    • 0001827077 scopus 로고
    • Utility analysis and the consumption function: An interpretation of cross-section data
    • Kurihara, K.K. (Ed.), Rutgers University Press, New Brunswick, NJ
    • Modigliani, F., Brumberg, R., 1954. Utility analysis and the consumption function: an interpretation of cross-section data. In: Kurihara, K.K. (Ed.), Post Keynesian Economics. Rutgers University Press, New Brunswick, NJ.
    • (1954) Post Keynesian Economics
    • Modigliani, F.1    Brumberg, R.2
  • 19
    • 0345800712 scopus 로고    scopus 로고
    • Information aggregation, speculation, and arbitrage in a simple option market experiment
    • Rockenbach B. Information aggregation, speculation, and arbitrage in a simple option market experiment Revue d'Économie Politique 111 2001 41-65
    • (2001) Revue D'Économie Politique , vol.111 , pp. 41-65
    • Rockenbach, B.1
  • 22
    • 84977427532 scopus 로고
    • The behavioral life-cycle hypothesis
    • Shefrin H. Thaler R.H. The behavioral life-cycle hypothesis Economic Inquiry 26 1988 609-643
    • (1988) Economic Inquiry , vol.26 , pp. 609-643
    • Shefrin, H.1    Thaler, R.H.2
  • 26
    • 0000538440 scopus 로고
    • Mental accounting and consumer choice
    • Thaler R. Mental accounting and consumer choice Marketing Science 4 1985 199-214
    • (1985) Marketing Science , vol.4 , pp. 199-214
    • Thaler, R.1
  • 29
    • 0019392722 scopus 로고
    • The framing of decisions and the psychology of choice
    • Tversky A. Kalineman D. The framing of decisions and the psychology of choice Science 211 1981 453-458
    • (1981) Science , vol.211 , pp. 453-458
    • Tversky, A.1    Kalineman, D.2
  • 31
    • 0347692705 scopus 로고
    • Sensitivity to market incentives: The case of policy loans
    • Warshawsky M. Sensitivity to market incentives: the case of policy loans Review of Economics and Statistics LXIX 1987 286-295
    • (1987) Review of Economics and Statistics , vol.69 , pp. 286-295
    • Warshawsky, M.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.