Are Preferences for Skewness Fixed or Fungible

ASU Author/Contributor (non-ASU co-authors, if there are any, appear on document)
Todd Cherry Ph.D., Professor (Creator)
Institution
Appalachian State University (ASU )
Web Site: https://library.appstate.edu/

Abstract: Are individual preferences for skewness fixed or fungible? Using preference reversals as a case study, we find evidence that preferences remained stable as reversals disappear due to arbitrage across both market-like and non-market contexts.

Additional Information

Publication
Todd L. Cherry, Sara Gunnarsson, & Jason F. Shogren (2003) "Are Preferences for Skewness Fixed or Fungible" Economic Letters Volume 80 Issue 1 pp.113-121 [DOI: 10.1016/S0165-1765(03)00034-X] Version of Record Available From (www.sciencedirect.com)
Language: English
Date: 2003
Keywords
arbitrage, preferences, skewness

Email this document to