Jing Yao

School of Economics, Fudan University

Assistant Professor

600 Guoquan Road

Shanghai, Shanghai 200433

China

http://homepage.fudan.edu.cn/yaojing/

SCHOLARLY PAPERS

8

DOWNLOADS

477

SSRN CITATIONS

0

CROSSREF CITATIONS

1

Scholarly Papers (8)

1.

When Prospect Theory Preference Meets Mean-Reverting Asset Returns: A Dynamic Asset Allocation Model

Number of pages: 40 Posted: 30 Apr 2018 Last Revised: 30 Aug 2018
Jianjun Gao, Duan Li and Jing Yao
Shanghai University of Finance and Economics, Chinese University of Hong Kong and School of Economics, Fudan University
Downloads 120 (234,664)

Abstract:

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Prospect Theory, Mean Reversion, Dynamic Asset Allocation, Trading Behavior, Disposition Effect

2.

Sentiment or Sentiment-Related Feedback? Explaining the Persistent Pattern of Excess Comovement in China

Number of pages: 43 Posted: 10 Aug 2012 Last Revised: 14 Mar 2014
Jing Yao
School of Economics, Fudan University
Downloads 97 (272,289)
Citation 1

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Investor sentiment; Individual investor trading; Strategic interaction; Excess comovement; Excess volatility; Sophisticated investor

3.

Exogenous Noise or Endogenous Feedback? Exploring the Sources of Excess Comovement in an Emerging Stock Market

Number of pages: 45 Posted: 21 Apr 2014 Last Revised: 07 Feb 2015
Jing Yao
School of Economics, Fudan University
Downloads 82 (302,840)

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Excess comovement; Individual investor trading; Investor sentiment; Strategic complementarity; Sophisticated investor; Cross-country difference

4.

Loss Aversion: A Medium where Better Environment Translates into Inferior Performance

Number of pages: 46 Posted: 26 Mar 2008 Last Revised: 27 May 2010
Jing Yao, Zhongfei Li and Duan Li
School of Economics, Fudan University, Sun Yat-sen Business School, Sun Yat-sen University and The Chinese University of Hong Kong (CUHK) - Department of Systems Engineering & Engineering Management
Downloads 62 (353,311)

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Portfolio choice, loss aversion, investment flexibility, information feedback

5.

Annual Report Opacity and Stock Returns: Evidence from China

Number of pages: 8 Posted: 13 Jun 2016
Minggen Gong, Yifei Lu and Jing Yao
Fudan University - School of Economics, Fudan University - School of Economics and School of Economics, Fudan University
Downloads 60 (359,173)

Abstract:

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Opacity, Incomplete revelation hypothesis, Skewness, Graphical information

6.

The Risk-Return Tradeoff in China: Does the Market Stability Objective of Government Intervention Matter?

Number of pages: 53 Posted: 11 Aug 2017 Last Revised: 18 Jul 2019
Jing Yao
School of Economics, Fudan University
Downloads 56 (371,542)

Abstract:

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Government intervention; Market stability; Risk-return tradeoff; Mean-variance relation; Representativeness; Investor sentiment; Implicit government guarantee

7.

Bounded Rationality as a Source of Loss Aversion and Optimism: A Study of Psychological Adaptation Under Incomplete Information

Journal of Economic Dynamics and Control, Vol. 37, No. 1, 2013
Posted: 09 Jul 2010 Last Revised: 16 May 2013
Jing Yao and Duan Li
School of Economics, Fudan University and Chinese University of Hong Kong

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Loss aversion, optimism, bounded rationality, incomplete information, adaptedness, dynamic portfolio choice

8.

Prospect Theory and Trading Patterns

Journal of Banking and Finance, Vol. 37, No. 8, 2013
Posted: 26 Jun 2010 Last Revised: 16 May 2013
Jing Yao and Duan Li
School of Economics, Fudan University and Chinese University of Hong Kong

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prospect theory, negative-feedback trading, price elasticity of demand, contrarian behavior, the disposition effect, noise trading