Consumption and portfolio choice under loss aversion and endogenous updating of the reference level
Servaas van Bilsen, Roger J. A. Laeven, Theo E. Nijman
| Year of publication: |
2020
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| Authors: | Bilsen, Servaas van ; Laeven, Roger J. A. ; Nijman, Theodore E. |
| Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Catonsville, MD : INFORMS, ISSN 0025-1909, ZDB-ID 206345-1. - Vol. 66.2020, 9, p. 3927-3955
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| Subject: | loss aversion | endogenous reference level | prospect theory | optimal consumption choice | optimal portfolio choice | Portfolio-Management | Portfolio selection | Prospect Theory | Prospect theory | Risikoaversion | Risk aversion | Konsumtheorie | Consumption theory | Nachfragetheorie des Haushalts | Consumer demand theory | Konsumentenverhalten | Consumer behaviour | Intertemporale Entscheidung | Intertemporal choice |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1287/mnsc.2019.3393 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012297738