Cumulative prospect theory challenges traditional expected utility theory
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DOI: 10.1080/09603107.2011.583393
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References listed on IDEAS
- Enrico Giorgi & Thorsten Hens, 2006.
"Making prospect theory fit for finance,"
Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 20(3), pages 339-360, September.
- De Giorgi, Enrico & Hens, Thorsten, 2005. "Making Prospect Theory Fit for Finance," Discussion Papers 2005/19, Norwegian School of Economics, Department of Business and Management Science.
- Antoni Bosch-Domènech & Joaquim Silvestre, 2003.
"Do the Wealthy Risk More Money? An Experimental Comparison,"
Discussion Papers
03-15, University of Copenhagen. Department of Economics.
- Antoni Bosch & Joaquim Silvestre, 2003. "Do the Wealthy Risk More Money? An Experimental Comparison," Working Papers 10, Barcelona School of Economics.
- Antoni Bosch-Domènech & Joaquim Silvestre, 2003. "Do the eealthy risk more money? An experimental comparison," Economics Working Papers 692, Department of Economics and Business, Universitat Pompeu Fabra, revised Jan 2005.
- Enrico Giorgi & Thorsten Hens & János Mayer, 2007. "Computational aspects of prospect theory with asset pricing applications," Computational Economics, Springer;Society for Computational Economics, vol. 29(3), pages 267-281, May.
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Keywords
utility theory; prospect theory; expected utility; portfolio optimization;All these keywords.
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