Difference in interim performance and risk taking with short-sale constraints

Journal

Journal of Financial Economics

Subject

Finance

Publishing details

Journal of Financial Economics 2012 February Vol 103:2 p 377-392

Authors / Editors

Basak S; Makarov D

Biographies

Basak S

Publication Year

2012

Keywords

Mutual fund tournament; Risk-taking incentives; Relative performance; Portfolio choice; Short-sale constraints