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Prospect theory and mean-variance analysis : does it make a difference in wealth management?

De Giorgi, Enrico; Hens, Thorsten - In: Investment management and financial innovations 6 (2009) 1, pp. 122-129

Persistent link: https://www.econbiz.de/10003917731

Does prospect theory explain the disposition effect?

Hens, Thorsten (contributor); Vlcek, Martin (contributor) - 2005

Persistent link: https://www.econbiz.de/10003237607

Making prospect theory fit for finance

De Giorgi, Enrico (contributor); Hens, Thorsten (contributor) - 2005

Persistent link: https://www.econbiz.de/10003237628

Prospect theory and the size and value premium puzzles

De Giorgi, Enrico (contributor); Hens, Thorsten (contributor) - 2005

Persistent link: https://www.econbiz.de/10003237672

Computational aspects of prospect theory with asset pricing applications

De Giorgi, Enrico; Hens, Thorsten; Mayer, János - In: Computational economics 29 (2007) 3/4, pp. 267-281

Persistent link: https://www.econbiz.de/10003493801

Financial market equilibria with cumulative prospect theory

De Giorgi, Enrico (contributor); Hens, Thorsten (contributor) - 2007

The paper first shows that financial market equilibria need not to exist if agents possess cumulative prospect theory preferences with piecewise-power value functions. This is due to the boundary behavior of the cumulative prospect theory value function, which might cause an infinite...