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Study on the Investment Behavior under Transaction Cost in Futures Market
Authors:WANG Dong    WANG Qi|wen    ZHANG Shi|ying .Guanghua School of Management  Peking University  Beijing .School of Management  Tianjin University  Tianjin   China
Affiliation: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.
Keywords:behavioral finance  transaction cost  futures  investment
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