Investors' Preferences and Payoffs from Structured Products

• Autorzy: Wojciech Zatoń
• Języki publikacji: EN

Abstrakty

EN

The attractiveness of structured products is mainly due to the fact that the diversity of their structures corresponds to the specific preferences of different groups of investors. To determine the appropriate investment product for an investor it is necessary to identify investor preferences, attitude toward risk. The paper contains an analysis of investors preferences in relation to the payoffs from the typical structured products. Investors' preferences are based both on the rational choice theory and the prospect theory. (original abstract)

Słowa kluczowe

EN

Financial instruments; Utility functions; Consumer preferences; Structured products; Rational choice theory

PL

Instrumenty finansowe; Funkcja użyteczności; Preferencje konsumenta; Produkty strukturyzowane; Teoria racjonalnego wyboru (TRW)

• Czasopismo: Metody Ilościowe w Badaniach Ekonomicznych / Szkoła Główna Gospodarstwa Wiejskiego
• Rocznik: 2013
• Tom: 14(XIV)
• Numer: nr 2
• Strony: 279--288

Twórcy

autor

Wojciech Zatoń

• Uniwersytet Łódzki

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