Talk: Christian Reichlin Title Behavioural Portfolio Selection: Asymptotics and Stability Along a Sequence of Models Paper "Reichlin, Christian (2012). Behavioural Portfolio Selection: Asymptotics and Stability Along a Sequence of Models. Working Paper" Abstract We consider a sequence of financial markets that converges weakly in a suitable sense and maximize a behavioural preference functional in each market. For expected concave utilities, it is well known that the maximal expected utilities and the corresponding final positions converge to the corresponding quantities in the limit model. We prove similar results for non-concave utilities and distorted expectations as employed in behavioural finance, and we illustrate by a counterexample that these results require a stronger notion of convergence of the underlying models compared to the concave utility maximization. We use the results to analyze the stability of behavioural portfolio selection problems and to provide numerically tractable methods to solve such problems in complete continuous-time models.