SP/A and CPT: A reconciliation of two behavioral decision theories

DOI10.1016/J.ECONLET.2010.05.021zbMATH Open1196.91022OpenAlexW2023857131MaRDI QIDQ709090FDOQ709090

Authors: Marc Oliver Rieger 

Publication date: 15 October 2010

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2010.05.021

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zbMATH Keywords

decision theorycumulative prospect theoryaspiration levelbehavioral portfolio optimization

Mathematics Subject Classification ID

Decision theory (91B06)

Cites Work

• Advances in prospect theory: cumulative representation of uncertainty
• The role of aspiration level in risky choice: A comparison of cumulative prospect theory and SP/A theory
• Financial Economics
• Reflections on gains and losses: a \(2 \times 2 \times 7\) experiment

Cited In (3)

• Optimal portfolios under worst-case scenarios
• Economic harmony: an epistemic theory of economic interactions
• Loss aversion with multiple investment goals

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