Abstract
The investment decision-making for endowment insurance fund is one of the important things influencing the reform of endowment insurance system in our country, so constructing proper decision-making model can help to enrich endowment insurance fund decision-making theory and make the insurance market boom. In this paper, adopting the relevant behavioral finance theory, investigators analyzed the fund manager's utility when making investment portfolio decision, constructed the utility function, deduced the probability about the different portfolio, figured out the fund manager's amount investing in the different negotiable securities. This model explained how the investment venture influenced the investment decision-making, and revealed how endowment insurance fund manager's investment preference came into effect in the decision-making.
| Original language | English |
|---|---|
| Pages (from-to) | 1885-1887+1902 |
| Journal | Harbin Gongye Daxue Xuebao/Journal of Harbin Institute of Technology |
| Volume | 38 |
| Issue number | 11 |
| State | Published - Nov 2006 |
Keywords
- Behavioral finance
- Endowment insurance fund
- Investment decision-making
Fingerprint
Dive into the research topics of 'The investment decision-making model for endowment insurance fund portfolio based on MNL'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver