Similar Search Results

Cumulative prospect theory in the laboratory : a reconsideration

Harrison, Glenn W.; Swarthout, J. Todd - In: Models of risk preferences : descriptive and normative …, (pp. 107-192). 2023

Persistent link: https://www.econbiz.de/10014451871

Temporal stability of cumulative prospect theory

Igel Lau, Morten; Yoo, Hong Il; Zhao, Hongming - In: Models of risk preferences : descriptive and normative …, (pp. 193-226). 2023

Persistent link: https://www.econbiz.de/10014451872

Behavioral Risk Profiling : Measuring Loss Aversion of Individual Investors

van Dolder, Dennie; Vandenbroucke, Jürgen - 2022

, financial institutions are in search of ways to incorporate clients’ loss aversion in their risk classifications. The most … critical obstacle appears to be the lack of a valid measurement method for loss aversion that can be straightforwardly … risk-profiling application of an established financial institution. In total, we elicit loss aversion for 1,040 employees …

Persistent link: https://www.econbiz.de/10013492094

A satisficing alternative to prospect theory

Brown, David B.; De Giorgi, Enrico; Sim, Melvyn - 2009

Persistent link: https://www.econbiz.de/10003885781

Measuring Loss Aversion under Ambiguity : A Method to Make Prospect Theory Completely Observable

Abdellaoui, Mohammed - 2016

the same for risk and ambiguity, as assumed by prospect theory, and sign‐comonotonic trade‐off consistency, the central …

Persistent link: https://www.econbiz.de/10013007231

Linking subjective and incentivized risk attitudes : the importance of losses

Jaspersen, Johannes G.; Ragin, Marc A.; Sydnor, Justin R. - In: Journal of risk and uncertainty 60 (2020) 2, pp. 187-206

Persistent link: https://www.econbiz.de/10012299933

Comparing local risks by acceptance and rejection

Schreiber, Amnon - In: Mathematical finance : an international journal of … 26 (2016) 2, pp. 412-430

Persistent link: https://www.econbiz.de/10011577169

Mixed participating and unit-linked life insurance contracts : design, pricing and optimal strategy

Hanna, Vanessa; Hieber, Peter; Devolder, Pierre - In: Scandinavian actuarial journal 2022 (2022) 5, pp. 421-446

In many countries, the decline in interest rates has reduced the interest in traditional participating life insurance contracts with investment guarantees and has led to a shift to unit-linked policies without guarantees. We design a novel mixed insurance contract splitting premium payments...

Persistent link: https://www.econbiz.de/10013370703

Stochastic Dominance : Investment Decision Making under Uncertainty

Levy, Haim - 1998

This book is devoted to investment decision-making under uncertainty. The book covers three basic approaches to this process: The stochastic dominance approach; the mean-variance approach; and the non-expected utility approach, focusing on prospect theory and its modified version, cumulative...

Persistent link: https://www.econbiz.de/10013520161

Capital income taxation and risk taking under prospect theory

Hlouskova, Jaroslava; Tsigaris, Panagiotis Demetrios - 2012

Persistent link: https://www.econbiz.de/10009567510