- Search
Search
- LoginAccess your ApplicationFor current applicantsOr learn more about our programmes and applyAccess MyINSEADFor current participants and alumni
Related Faculty

Pascal Maenhout
Associate Professor of Finance
Journal Article
Driessen J., Maenhout P. (2007). An Empirical Portfolio Perspective on Option Pricing Anomalies Review of Finance, 11(4), pp. 561-603.
The authors empirically study the economic benefits of giving investors access to index options in the standard portfolio problem, analyzing both expected-utility and nonexpected-utility investors in order to understand who optimally buys and sells options.