Prospect Theory and Reference Point Adaptation: Evidence from the US, China, and Korea
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More about this item
Keywordsprospect theory; cross-cultural differences; reference point adaptation; mental accounting;
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-20 (All new papers)
- NEP-CBE-2007-07-20 (Cognitive & Behavioural Economics)
- NEP-CNA-2007-07-20 (China)
- NEP-EXP-2007-07-20 (Experimental Economics)
- NEP-SEA-2007-07-20 (South East Asia)
- NEP-UPT-2007-07-20 (Utility Models & Prospect Theory)
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