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Dynamic trading with reference point adaptation and loss aversion
Shi, Yun; Cui, Xiangyu; Yao, Jing; Li, Duan - In: Operations research 63 (2015) 4, pp. 789-806
Persistent link: https://www.econbiz.de/10011313231
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Failing to foresee the updating of the reference point leads to time-inconsistent investment
Strub, Moris S.; Li, Duan - In: Operations research 68 (2020) 1, pp. 199-213
Persistent link: https://www.econbiz.de/10012172306