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Stochastic Dominance and Investors’ Behavior towards Risk: The Hong Kong Stocks and Futures Markets

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Figure

Table 1: Descriptive Statistics for the Returns of the Spot Index and Futures Index
Table 2: Results of DD Test for the Risk Averters
Table 3: Results of DD Test for the Risk Seekers
Table 4: Results of DD Test for the Portfolios of Spot and Futures
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