Preferences with frames: A new utility specification that allows for the framing of risks
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Publication:2270552
DOI10.1016/J.JEDC.2009.01.009zbMATH Open1170.91318OpenAlexW3121215239MaRDI QIDQ2270552FDOQ2270552
Authors: Nicholas Barberis, Ming Huang 
Publication date: 28 July 2009
Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jedc.2009.01.009
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Cites Work
- Advances in prospect theory: cumulative representation of uncertainty
- Prospect Theory: An Analysis of Decision under Risk
- Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework
- The framing of decisions and the psychology of choice
- First order versus second order risk aversion
- Prospect theory and asset prices
- Choice bracketing. (With commentaries)
Cited In (15)
- Risk-neutral firms can extract unbounded profits from consumers with prospect theory preferences
- Myopic loss aversion, reference point, and money illusion
- Equilibrium asset pricing with Epstein-Zin and loss-averse investors
- Dynamic portfolio choice and asset pricing with narrow framing and probability weighting
- Discrete-time behavioral portfolio selection under cumulative prospect theory
- Asset pricing with loss aversion
- S-shaped narrow framing, skewness and the demand for insurance
- Loss aversion, survival and asset prices
- Framing effects as violations of extensionality
- A new preference model that allows for narrow framing
- Shifts of reference points for framing of strategic decisions and changing risk-return associations
- Loss aversion with multiple investment goals
- Optimal insurance design under mean-variance preference with narrow framing
- Optimal frequency of portfolio evaluation in a choice experiment with ambiguity and loss aversion
- Existence of solutions in non-convex dynamic programming and optimal investment
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