Abdel-khalik, A. Rashad - In: Journal of Accounting Literature 33 (2014) 1-2, pp. 58-84
In his review of 30 years of research in Prospect Theory, Barberis (2013) notes that support for Prospect Theory had come mainly from the laboratory. In this paper, I write about a recurring phenomenon in real life that is consistent with Prospect Theory predictions in decision-making loss...
