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Applied Economics Letters Volume 18, 2011 - Issue 15
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Original Articles

Portfolio insurance with ratcheted floor as a long-term asset management strategy: implications of loss aversion

Huai-I. Lee Department of Finance, WuFeng University, Chiayi, TaiwanCorrespondence[email protected]
,
Hsinan Hsu Department of Finance, Feng Chia University, Taichung, Taiwan
,
Len-Kuo Hu Department of International Business, National Chengchi University, Taipei, Taiwan
&
Ching-Chung Lin Department of International Business, Southern Taiwan University, Tainan County, Taiwan
Pages 1449-1454 | Published online: 21 Mar 2011

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