WANG Dong 1, WANG Qi|wen 1, ZHANG Shi|ying 2 1.Guanghua School of Management,Peking University,Beijing 100871 2.School of Management,Tianjin University,Tianjin 300072,China
Abstract:
The developing stock markets of China are waiting to see derivative securities such as stock|index futures. In this paper, based on the theory of behavioral finance,investment behavior under transaction cost in futures market was studied.