题 目：Risk-Seeking Propensity, Sophistication, Experience, and Trading Performance

报告人：郑登元 教授

时 间：2017年9月15日上午9:30

地 点：西交大财经校区教学楼八楼国际交流厅

报告内容摘要：

We provide empirical evidence to validate the implications of the prospect theory for risk-seeking propensity when futures traders accumulate more positions. We examine the variation in the propensity among futures traders due to sophistication and trading experience, and its relationship with trading performance. We demonstrate that sophisticated and experienced traders exhibit greater risk-seeking propensity when they are profitable, while their less sophisticated and inexperienced counterparts take more risk when they lose money. Consequentially, the former are more profitable while the latter lose more.

报告人简介： 郑登元，博士，现任南京审计大学院金融学院特聘教授，金融专业。主要研究领域为行为金融学，公司金融与资产投资。在Journal of Empirical Finance, Journal of Futures Markets等金融类知名期刊发表多篇文章，同时也是多个SSCI期刊及CSSCI期刊审稿人。除学術经历, 也曾在上市银行、上市全球性企业及科技公司任职。

赌博平台

2017.9.11