Template-type: ReDIF-Paper 1.0
Author-Name: Fusillo, Fabrizio
Author-Email: fabrizio.fusillo@carloalberto.org 
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Simulating Stock Markets: Risk-Aversion as a Cognitive Bias.
Abstract: This paper analyzes market implications of behavioral nance by means of a representative agent model of 
fnancial market. The goal is to provide a model as tool for studying the emergence of behavioral market anomalies. 
We aim to show that such model can contribute to behavioral finance research by demonstrating if and to what extent 
risk-aversion can be used as a substitute of individual biases in determining market anomalies.
Length: 28 pages
Creation-Date: 2015-06
File-URL: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2015dip/wp_27_2015.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:201527