Add to ORKGInvestors who use prospect theory to evaluate stocks according to their historical return distributions may excessively bid up stocks with high historical mean returns, low volatilities, and positive skewness. The authors find a negative relationship between stocks’ prospect theory values and their future returns in the cross section
A new sample of 85 industries (about 3,300 firms) defined in terms of homogenous products provides s...
Shortcomings revealed by experimental and theoretical researchers such as Allais (1953), Rabin (2000...
Purpose: The purpose of this paper is to demonstrate that various disposition patterns in terms of t...
Investors who use prospect theory to evaluate stocks according to their historical return distributi...
I test the hypothesis that investors evaluate stocks based on the prospect theory value of the distr...
See article http://ink.library.smu.edu.sg/lkcsb_research/1158/ or http://dx.doi.org/10.1016/j.mulfin...
See article https://ink.library.smu.edu.sg/lkcsb_research/1158/ or https://doi.org/10.1016/j.mulfin....
The paper studies the relationship between the risk and returns to check its conformance with the pr...
The financial markets are full of puzzles. In the aggregate market, stocks earn returns that cannot ...
The study aimed to examine the prospect theory and the relationship between risk and return be revi...
We present a new model of asset prices in which investors evaluate risk according to prospect theory...
A new sample of 85 industries (about 3,300 firms) defined in terms of homogenous products provides s...
© The Author(s) 2011. This article is published with open access at Springerlink.com Abstract Prospe...
The Prospect Theory as proposed by Kahneman and Tversky (1979) has emerged as a widely accepted theo...
Expected Utility Theory had been considered as a standard normative theory which described the \ud c...
A new sample of 85 industries (about 3,300 firms) defined in terms of homogenous products provides s...
Shortcomings revealed by experimental and theoretical researchers such as Allais (1953), Rabin (2000...
Purpose: The purpose of this paper is to demonstrate that various disposition patterns in terms of t...
Investors who use prospect theory to evaluate stocks according to their historical return distributi...
I test the hypothesis that investors evaluate stocks based on the prospect theory value of the distr...
See article http://ink.library.smu.edu.sg/lkcsb_research/1158/ or http://dx.doi.org/10.1016/j.mulfin...
See article https://ink.library.smu.edu.sg/lkcsb_research/1158/ or https://doi.org/10.1016/j.mulfin....
The paper studies the relationship between the risk and returns to check its conformance with the pr...
The financial markets are full of puzzles. In the aggregate market, stocks earn returns that cannot ...
The study aimed to examine the prospect theory and the relationship between risk and return be revi...
We present a new model of asset prices in which investors evaluate risk according to prospect theory...
A new sample of 85 industries (about 3,300 firms) defined in terms of homogenous products provides s...
© The Author(s) 2011. This article is published with open access at Springerlink.com Abstract Prospe...
The Prospect Theory as proposed by Kahneman and Tversky (1979) has emerged as a widely accepted theo...
Expected Utility Theory had been considered as a standard normative theory which described the \ud c...
A new sample of 85 industries (about 3,300 firms) defined in terms of homogenous products provides s...
Shortcomings revealed by experimental and theoretical researchers such as Allais (1953), Rabin (2000...
Purpose: The purpose of this paper is to demonstrate that various disposition patterns in terms of t...