Journal of Financial and Quantitative Analysis Vol. 10 No. 1 1975
Skewness and Investors' Decisions: A Reply
Abstract
Jack Clack Francis' paper is a most interesting and provocative one, because it is the first to present empirical evidence questioning the importance of a distribution's skewness parameter in the investor's decision process. In particular, Francis claims his evidence demonstrates that stock market investors do not consider skewness in choosing among alternative investments.
- DOI
- 10.2307/2330325
- Volume
- 10
- Issue
- 1
- Pages
- 173
- Sources
- crossref openalex