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Essec\Faculty\Model\Contribution {#2233 ▼
  #_index: "academ_contributions"
  #_id: "5084"
  #_source: array:26 [
    "id" => "5084"
    "slug" => "5084-stop-loss-strategies-market-volatility-and-crashes"
    "yearMonth" => "1997-06"
    "year" => "1997"
    "title" => "Stop-loss Strategies, Market Volatility and Crashes"
    "description" => "CHARLETY-LEPERS, P. et PORTAIT, R. (1997). Stop-loss Strategies, Market Volatility and Crashes. Dans: <i>14e Conference Internationale de Finance</i>. Association Française de Finance (AFFI), pp. 1-25. CHARLETY-LEPERS, P. et PORTAIT, R. (1997). Stop-loss Strategies, Market Volatility and Crashes. Dans "
    "authors" => array:2 [
      0 => array:3 [
        "name" => "CHARLETY-LEPERS Patricia"
        "bid" => "B00000096"
        "slug" => "charlety-lepers-patricia"
      ]
      1 => array:1 [
        "name" => "PORTAIT Roland"
      ]
    ]
    "ouvrage" => "14e Conference Internationale de Finance"
    "keywords" => []
    "updatedAt" => "2021-04-19 17:57:25"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "1-25"
      "volume" => null
      "number" => null
    ]
    "type" => array:2 [
      "fr" => "Actes d'une conférence"
      "en" => "Conference Proceedings"
    ]
    "support_type" => array:2 [
      "fr" => "Editeur"
      "en" => "Publisher"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "A l'aide d'un modèle simple faisant intervenir deux groupes d'investisseurs, des agents averses au risque et des opérateurs "stop-loss", nous montrons que les derniers sont à l'origine d'instabilité des prix et peuvent provoquer des krachs boursiers , par  ailleurs, la simple crainte de leur intervention augmente la volatilité et réduit les prix d'équilibre. A l'aide d'un modèle simple faisant intervenir deux groupes d'investisseurs, des agents averses au r "
      "en" => "Using a simple model with two groups of agents, risk-averse mean-variance and stop-loss investors, we find that active selling by the latter causes price instability and may cause crashes , moreover, even in the absence of active trading on their part, their presence increases the volatility and decreases the equilibrium price in the periods preceding their possible activity. Using a simple model with two groups of agents, risk-averse mean-variance and stop-loss investors, w "
    ]
    "authors_fields" => array:2 [
      "fr" => "Finance"
      "en" => "Finance"
    ]
    "indexedAt" => "2025-04-06T16:21:42.000Z"
    "docTitle" => "Stop-loss Strategies, Market Volatility and Crashes"
    "docSurtitle" => "Actes d'une conférence"
    "authorNames" => "<a href="/cv/charlety-lepers-patricia">CHARLETY-LEPERS Patricia</a>, PORTAIT Roland"
    "docDescription" => "<span class="document-property-authors">CHARLETY-LEPERS Patricia, PORTAIT Roland</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">1997</span> <span class="document-property-authors">CHARLETY-LEPERS Patricia, PORTAIT Roland</span><br><span cla "
    "keywordList" => ""
    "docPreview" => "<b>Stop-loss Strategies, Market Volatility and Crashes</b><br><span>1997-06 | Actes d'une conférence </span> <b>Stop-loss Strategies, Market Volatility and Crashes</b><br><span>1997-06 | Actes d'une conférence "
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Stop-loss Strategies, Market Volatility and Crashes</a>"
  ]
  +lang: "fr"
  +"_type": "_doc"
  +"_score": 8.66368
  +"parent": null
}