Concepedia

Skewness Preference

Skewness Preference is a behavioral finance construct that denotes the tendency of investors to prefer investments with positive skewness—characterized by an asymmetric distribution of returns favoring extreme positive outcomes—over those with symmetric or negative skewness, reflecting a systematic deviation from expected utility maximization based on higher-order moment preferences.

159

Publications

15.8K

Citations

276

Authors

217

Institutions

Publications per year

2017–2026

31

Parents

Publications

159

Stocks as Lotteries: The Implications of Probability Weighting for Security Prices

Nicholas Barberis · American Economic Review · 2008 · 1.6K citations · Full text

, , +17

SKEWNESS PREFERENCE AND THE VALUATION OF RISK ASSETS*

Alan Kraus, Robert H. Litzenberger · The Journal of Finance · 1976 · 1.5K citations

, , +12

Equilibrium Underdiversification and the Preference for Skewness

Todd Mitton, Keith Vorkink · Review of Financial Studies · 2007 · 841 citations

, , +13

Skewness Preference and the Valuation of Risk Assets

Alan Kraus, Robert H. Litzenberger · The Journal of Finance · 1976 · 757 citations

, , +14

Optimal Expectations

Markus K. Brunnermeier, Jonathan A. Parker · American Economic Review · 2005 · 722 citations

, , +16

1–5 of 159

Authors

276

  1. RH
    Robert H. Litzenberger

    University of Pennsylvania, United States

    4 publications · 2.4K citations

    4

    h-index

  2. AK
    Alan Kraus

    University of British Columbia, Canada

    4 publications · 2.4K citations

    4

    h-index

  3. KV
    Keith Vorkink

    Brigham Young University, United States

    4 publications · 1.1K citations

    4

    h-index

  4. TM
    Todd Mitton

    Brigham Young University, United States

    4 publications · 1.1K citations

    4

    h-index

  5. SE
    Sebastian Ebert

    Frankfurt School of Finance & Management, Germany

    4 publications · 230 citations

    4

    h-index

1–5 of 276

Institutions

217

  1. Cornell University

    Ithaca, United States

    5 h-index

    6 publications

    2.4K citations

  2. Yale University

    New Haven, United States

    4 h-index

    5 publications

    2.4K citations

  3. Florida International University

    Miami, United States

    4 h-index

    8 publications

    1.7K citations

  4. Brigham Young University

    Provo, United States

    4 h-index

    8 publications

    2.3K citations

  5. University of Waterloo

    Waterloo, Canada

    4 h-index

    5 publications

    497 citations

  6. National Bureau of Economic Research

    Cambridge, United States

    3 h-index

    4 publications

    699 citations

  7. Clark University

    Worcester, United States

    3 h-index

    4 publications

    846 citations

  8. University of Massachusetts Amherst

    Amherst Center, United States

    3 h-index

    4 publications

    55 citations

1–8 of 217

Venues

  1. SSRN Electronic Journal

    Repository · 22 publications · 1.4K citations

    14

    h-index

  2. Management Science

    6 publications · 780 citations

    6

    h-index

  3. Journal of Banking & Finance

    6 publications · 817 citations

    6

    h-index

  4. The Journal of Finance

    5 publications · 2.5K citations

    5

    h-index

  5. Journal of Financial and Quantitative Analysis

    JFQA · 5 publications · 463 citations

    5

    h-index

1–5