North Zhongshan Road Campus
3663 N. Zhongshan Rd.
Shanghai, 200062
China
East China Normal University (ECNU)
Probability weighting, Beta, Coskewness, Asset Pricing
Attention allocation, Portfolio selection, Bayesian learning, Return predictability, Reinforcement learning
The Real Cost of Machine Readability
Machine Readability, Real Efficiency, Information Processing Cost, Innovation
Machine Readability, Information Processing Cost, Market Efficiency, Real Efficiency, Investment
Idiosyncratic volatility, dynamic asset allocation, transaction cost, return predictability, volatility timing
Multiperiod portfolio choice, Loss aversion, Serial correlated returns, Dynamic reference point updating, Disposition effect
Financial management, Investment, Optimal control, Dynamic Programming
probability weighting, probability distortion, option implied information, market timing JEL Classification: D81, G4, G11, G12, G13
Asset-liability management, Liability monitoring, Information costs, Attention allocation, Information acquisition
