| Reference: | 符寶玲，1999，「退休金制度與管理」，華泰書局，台灣。
黃介良、李翎竹、陳秋蓉，2003，「投資收益保證制度之探討—以退撫基金為例」，證券市場發展季刊，第十五卷，第四期，37-68。
Albrecht, Peter, Joachim Coche, Raimond Maurer and Ralph Rogalla, 2006, “Understanding and AllocatingImplications of Optimal Investment Risks in Policies for Hybrid Pension Plans: Sponsor and Member Perspectives,” Pension Research Council Working Paper, The Wharton School, University of Pennsylvania.
Allen, Everett T., Joseph J. Melone, Jerry S. Rosenbloom and Jack L. Vanderhei, 1997, “Pension Planning: Pension, Profit-sharing, and Other Deferred Compensation Plans,” New York: The Mcgraw-Hill Companies, Inc.
Barber, B.M. and T. Odean, 1999, “The Courge of Misguided Convictions,” Financial Analysts Journal, Vol. 56, No. 6, 41-55.
Barberis, Nicholas and Huang, Ming, 2001, “Mental Accounting, Loss Aversion, and Individual Stock Returns,” Journal of Finance, Vol. 56, Iss. 4, 1247-1292.
Bell, David, 1982, “Regret in Decision Making under Uncertainty,” Operations Research, Vol. 30, Iss. 5, 961-981.
Bell, David, 1983, “Risk Premium for Decision Regret”, Management Science, Vol. 29, Iss.10, 1156-1166.
Berkelaar, A., R. Kouwenberg, and T. Post, 2004, “Optimal Portfolio Choice under Loss Aversion,” Review of Economics and Statistics, Vol. 86, Iss. 4, 973-987.
Braun, M. and A. Muermann, 2004, “The Impact of Regret on the Demand for Insurance,” Journal of Risk and Insurance, Vol.71, No.4, 737-767.
Dodonova, Anna, 2003, “Applications of Regret Theory to Asset Pricing,” Working paper, University of Iowa.
Feldstein, Martin, 2005, “Reducing the Risk of Investment-Based Social Security Reform,” NBER working paper series, No. 11084.
Feldstein, Martin and Elena Ranguelova, 2000, “Accumulated Pension Collars: A Market Approach to Reduce the Investment-Based Social Security Reform,” NBER working paper series, No.7861.
Feldstein, Martin and Elena Ranguelova, 2001, “Individual Risk in An Investment-Based Social Security System”, American Economic Review, Vol. 91, No. 4, 1116-1125.
Forsyth, Peter A., Kenneth R. Vetzal, and Heath A. Wildcliff, 2003, “Hedging Segregated Fund Guarantees,” In Olivia S. Mitchell and Kent Smetters, eds., The Pension Challenge: Risk Transfers and Retirement Income Security. Oxford University Press. 214-237.
Gneezy, U. and Potters, J., 1997, “An Experiment on Risk Taking and Evaluation Periods.” Quarterly Journal of Economics, Vol. 112, No.2, 631-645.
Gomes, Francisco J., 2005, “Portfolio Choice and Trading Volume with Loss-Averse Investors,” Journal of Business, Vol. 78, No. 2, 675-706.
Kahneman, D. and A. Tversky, 1979, “Prospect Theory: An Analysis of Decision under Risk,” Econometrica, Vol. 47, No. 2, 263-291.
Larrick, R. P. & Boles, T. L., 1995, “Avoiding Regret in Decisions with Feedback: A Negotiation Example,” Organizational Behavior and Human Decision Processes, Vol. 63, Iss. 1, 87-97.
Lanchance, Marie-Eve and Olivia S. Mitchell, 2003, “Guarantee Individual Accounts,” American Economic Review, May, 257-260.
Loomes, G., R. Sugden, 1982, “Regret Theory: An Alternative Theory of Rational Choice under Uncertainty,” Economic Journal, Vol. 92, No. 368, 805-824.
Mankiw, N. Gregory, and Stephen P. Zeldes, 1991, “The Consumption of Stockholders and Non-stockholders,” Journal of Financial Economics, Vol. 29, Iss. 1, 97-112.
Maurer, Raimond and Christian Schlag. 2002. “Money-Back Guarantees in Individual Account Pensions: Evidence from the German Pension Reform.” Centre for Financial Studies Working Paper No. 2002/03, JohanWolfgang Goethe-Universit¨at, Frankfurt am Main.
Meyer, D.J., and Meyer J. 1999, “Risk References in the Asset Pricing Model,” Working Paper, Michigan State University.
Mitchell, Olivia S., Gary R. Mottola, Stephen P. Utkus, and Takeshi Yamaguchi, 2006, “The Inattentive Participant: Portfolio Trading Behavior in 401(k) Plans,” American Risk and Insurance Association Meetings, Washington, DC.
Muermann, Alexander, Olivia S. Mitchell, and Jacqueline M. Volkman, 2005, “Regret, Portfolio Choice, and Guarantees in Defined Contribution Schemes,” Pension Research Council Working Paper WP-2005-17, The Wharton School, University of Pennsylvania.
Nataraj, Sita and John B. Shoven, 2003, “Comparing the Risks of Social Security with and without Individual Accounts,” American Economic Review, Vol. 93, No. 2, 348-353.
Odean, Terrance, 1998, “Are Investors Reluctant to Realize Their Losses?” Journal of Finance, Vol. 53, Iss.5, 1775–1798.
Pennacchi, G., 1999, “The Value of Guarantees on Pension Fund Returns,” Journal of Risk and Insurance, Vol. 66, No. 2, 219-237.
Poterba, J.M., 2004, “Portfolio Risk and Self-directed Retirement Saving Programmes,” The Economic Journal, Vol. 114, Iss. 494, C26–C51.
Shefrin, Hersh and Meir Statman, 1985, “The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence”, Journal of Finance, Vol. 40, No. 3, 777-790.
Smetters, Kent, 2002, “Controlling the Cost of Minimum Benefit Guarantees in Public Pension Conversions,” The Journal of Pension Economics and Finance, Vol. 1, No.1, 9-34.
Snorre, L., 2004, “Relative Guarantees,” The Geneva Papers on Risk and Insurance Theory, Vol. 29, Iss. 2, 187-209.
Tversky, Amos and Daniel Kahneman, 1992, “Advances in Prospect Theory: Cumulative Representation of Uncertainty,” Journal of Risk and Uncertainty, Vol. 5, No. 4, 297-323.
王儷玲、楊曉文、黃泓智、李永琮，2006，「勞退新制下個人帳戶制與年金保險制轉換選擇權價之研究」，財務金融學刊，即將刊登。
林苡辰，2004，「勞工退休金條例草案之轉換選擇權的評價與分析」，國立中央財務管理研究所碩士論文。
陳芬苓、張森林，2006，「附加年金制的遠期契約價值與政策意涵分析」，證券市場發展季刊，第十八卷，第一期，1-30。
林忠機、張傳章、陳依仁，2005，「天然資源專案投資計畫之評價-動態選擇權模擬法」，證券市場發展季刊，第十七卷，第四期，87-120。
Agnew, Julie, Pierluigi Balduzzi, and Annika Sunden, 2003, “Portfolio Choice and Trading in Large 401(k) Plan,” American Economic Review, Vol.93, No. 1, 193-215.
Feldstein, Martin, 2005, “Reducing the Risk of Investment-Based Social Security Reform,” NBER working paper series, No. 11084.
Feldstein, Martin and Elena Ranguelova, 2001, “Individual Risk in an Investment-Based Social Security System”, American Economic Review, Vol. 91, No. 4, 1116-1125.
Karlsson, Anders and Lars L. Norden, 2004, “Home Sweet Home: Home Bias and International Diversification among Individual Investors,”EFA 2004 Maastricht Meetings Paper No. 3363.
Lanchance, Marie-Eve and Olivia S. Mitchell, 2003, “Guarantee Individual Accounts,” American Economic Review, Vol. 93, No. 2, 257-260.
Lanchance, Marie-Eve, Olivia S. Mitchell and Kent Smetters, 2003, “Guaranteeing Defined Contribution Pensions: The Option to Buy Back A Defined Benefit Promise,” The Journal of Risk and Insurance, Vol. 70, No. 1, 1-16.
Longstaff, F. A., and E. S. Schwartz, 2001, “Valuing American Options by Simulation: A Simple Least-Squares Approach," The Review of Financial Studies, 14, 1, 113-147.
Milevsky, Moshe A. and S. David Promislow, 2004, “Florida`s Pension Election: From DB to DC and Back,” The Journal of Risk and Insurance, Vol. 71, No. 3, 381-404.
Nataraj, Sita and John B. Shoven, 2003, “Comparing the Risks of Social Security with and without Individual Accounts,” American Economic Review, Vol. 93, No. 2, 348-353.
Pulley, Lawrence B. , 1981, “A General Mean-Variance Approximation to Expected Utility for Short Holding Periods,” Journal of Financial and Quantitative Analysis, Vol. 16, No. 3, 361-373. |
