Loss Aversion with a State-Dependent Reference Point
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چکیده
منابع مشابه
Loss Aversion with a State-Dependent Reference Point
This study investigates loss aversion when the reference point is state-dependent. Using a state-dependent structure, prospects are more attractive if they depend positively on the reference point and are less attractive in case of negative dependence. In addition, the structure is neutral in the sense that it avoids an inherent aversion to risky prospects and yields no loss when the prospect a...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2011
ISSN: 1556-5068
DOI: 10.2139/ssrn.979854