Fund tournaments and asset bubbles

DOI10.1093/ROF/RFV044zbMATH Open1402.91730OpenAlexW2371322365MaRDI QIDQ4555587FDOQ4555587

Authors: Yuki Sato 

Publication date: 20 November 2018

Published in: Review of Finance (Search for Journal in Brave)

Full work available at URL: https://serval.unil.ch/notice/serval:BIB_4710529E1D6D

Recommendations

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zbMATH Keywords

tournamentsbubble periodsfund managers' performance

Mathematics Subject Classification ID

Portfolio theory (91G10)

Cited In (5)

• Testing for persistence in US mutual funds' performance: a Bayesian dynamic panel model
• The impact of a winner takes all tournament on managers' strategies and asset mispricing
• Performance-based fee contract and risk-taking strategy in asset management tournament
• Fund managers' competition for investment flows based on relative performance
• How tournament incentives affect asset markets: a comparison between winner-take-all tournaments and elimination contests

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