Engström, Per; Nordblom, Katarina; Ohlsson, Henry; … - Nationalekonomiska Institutionen, Uppsala Universitet - 2011
The objective of this paper is to study if taxpayers behave in a loss averse manner when filing their tax returns. This is important for tax design but also for understanding human behavior in general. The predictions of prospect theory can be contrasted to those of expected utility theory. We...
