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What does it take for a specific prospect theory type household to engage in risky investment?

Hlouskova, Jaroslava; Tsigaris, Panagiotis Demetrios - 2012

This research note examines the conditions which will induce a prospect theory type investor, whose reference level is … aggressive and buys/sells till an externally imposed upper/lower bound is reached. -- prospect theory ; loss aversion ; reference …

Persistent link: https://www.econbiz.de/10009683962

What does it take for a specific prospect theory type household to engage in risky investment?

Hlouskova, Jaroslava; Tsigaris, Panagiotis Demetrios - 2012

Persistent link: https://www.econbiz.de/10009566938

Model risk and disappointment aversion

Fallahgoul, Hasan; Mancini, Loriano; Stoyanov, Stoyan V. - 2018 - Preliminary and incomplete

Extensions of expected utility theory are sensitive to the tail behavior of the portfolio return distribution and may …

Persistent link: https://www.econbiz.de/10011937102

Subjective Measures of Risk Aversion, Fixed Costs, and Portfolio Choice

Kapteyn, Arie; Teppa, Federica - 2009

The paper investigates risk attitudes among different types of individuals. We use several di erent measures of risk attitudes, including questions on choices between uncertain income streams suggested by Barsky et al. (1997) and a number of ad hoc measures. As in Barsky et al. (1997) and...

Persistent link: https://www.econbiz.de/10014203502

Valuing the mortality risk of wildlife reintroduction : heterogeneous risk preferences

Kawata, Yukichika; Watanabe, Masahide - In: Ecological economics : the transdisciplinary journal of … 76 (2012), pp. 79-86

Persistent link: https://www.econbiz.de/10009577687

Evidence on individual preferences for longevity risk

Delprat, Gae͏̈tan; Leroux, Marie-Louise; Michaud, … - 2013

The standard model of intertemporal choice assumes risk neutrality toward the length of life: due to additivity, agents are not sensitive to a mean preserving spread in the length of life. Using a survey fielded in the RAND American Life Panel (ALP), this paper provides empirical evidence on...

Persistent link: https://www.econbiz.de/10009730526