556 research outputs found

    Representation Bias, Return Forecast, and Portfolio Selection in the Stock Market of China

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    Representation bias means a kind of cognitive tendency, and, for investors, it can affect their behavior in the stock market. Whether the representation bias can help the return forecast and portfolio selection is an interesting problem that is less studied. In this paper, based on the representation bias theory and current markets situation in China, a new hierarchy of stock measurement system is constructed and a corresponding set of criteria is also proposed. On each criterion, we try to measure the influence among stocks with adapted fuzzy AHP. Then the Hausdorff distance is applied to weight and compute the horizontal representation returns. For the forecast returns, according to representation behaviors, there is also a new computation method. Empirical results show that the representation bias information is useful to the return forecast as well as the portfolio selection

    Semileptonic form factor ratio B_s->D_s/B->D and its application to BR(B^0_s->\mu^+\mu^-)

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    We present a (2+1)-flavor lattice QCD calculation of the form factor ratio between the semileptonic decays Bˉs0→Ds+l−νˉ\bar{B}^0_s \to D^+_sl^-\bar{\nu} and Bˉ0→D+l−νˉ\bar{B}^0 \to D^+l^-\bar{\nu} . This ratio is an important theoretical input to the hadronic determination of the BB meson fragmentation fraction ratio fs/fdf_s/f_d which enters in the measurement of BR(Bs0→μ+μ−)\mathrm{BR}(B^0_s\to \mu^+\mu^-). Small lattice spacings and high statistics enable us to simulate the decays with a dynamic final DD meson of small momentum and reliably extract the hadronic matrix elements at nonzero recoil. We report our preliminary result for the form factor ratio at the corresponding momentum transfer of the two decays f0(s)(Mπ2)/f0(d)(MK2)f_0^{(s)}(M^2_\pi)/f_0^{(d)}(M^2_K).Comment: 7 pages, 6 figures. Talk presented at The XXIX International Symposium on Lattice Field Theory - Lattice 2011, July 10-16, 2011, Squaw Valley, Lake Tahoe, California; Minor errors corrected, references and graphs update
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