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Ambiguity aversion for risk choice
Institution:1. School of Mathematical Sciences, University of Jinan, China;2. SHU-UTS SILC Business School, Shanghai University, China;1. Department of Finance, School of Economics and Finance, Universidad EAFIT, Carrera 49 No. 7 Sur-50, Medellin, Colombia;2. School of Management, Universidad de los Andes, Calle 21, No. 1-20, Bogota, Colombia;3. Department of Economics and IME, University of Salamanca, Campus Miguel de Unamuno, 37007 Salamanca, Spain;1. School of Humanities, Shanghai University of Finance and Economics, China;2. School of Finance, Shanghai University of Finance and Economics, China;1. School of Finance/Institute of Big Data, Southwestern University of Finance and Economics, 611130 Chengdu, Sichuan, China
Abstract:
Keywords:Ambiguity aversion  Risk  High-water mark  Portfolio choice  D81  E22
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