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Decision-making under uncertainty – A field study of cumulative prospect theory
16 references·16 citing·32 second hopsampled
Decision-making under uncertainty – A field study of cumulative prospect theory (2009)Decision-making under uncertainty – A fie…Experimental Tests of the Separation Theorem and the Capital Asset Pricing Model (2016)Experimental Tests of the Sep…Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options (2003)Stock Return Characteristics,…Recovering Risk Aversion from Option Prices and Realized Returns (2000)Recovering Risk Aversion from…Parameter-Free Elicitation of Utility and Probability Weighting Functions (2000)Parameter-Free Elicitation of…Nonparametric risk management and implied risk aversion (2000)Nonparametric risk management…A Parameter-Free Elicitation of the Probability Weighting Function in Medical Decision Analysis (2000)A Parameter-Free Elicitation …Curvature of the Probability Weighting Function (1996)Curvature of the Probability …Violations of the betweenness axiom and nonlinearity in probability (1994)Violations of the betweenness…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The Framing of Decisions and the Psychology of Choice (1981)The Framing of Decisions and …Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Prices of State-Contingent Claims Implicit in Option Prices (1978)Prices of State-Contingent Cl…The Valuation of Uncertain Income Streams and the Pricing of Options (1976)The Valuation of Uncertain In…The valuation of options for alternative stochastic processes (1976)The valuation of options for …The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Evolutionary Game Analysis of Shared Manufacturing Quality Synergy under Dynamic Reward and Punishment Mechanism (2022)Evolutionary Game Analysis of…Prospect theory and stock returns: Evidence from foreign share markets (2021)Prospect theory and stock ret…Mapping the field of behavioural biases: a literature review using bibliometric analysis (2021)Mapping the field of behaviou…Third-party reverse logistics provider selection approach based on hybrid-information MCDM and cumulative prospect theory (2018)Third-party reverse logistics…A new product development concept selection approach based on cumulative prospect theory and hybrid-information MADM (2018)A new product development con…Activation of the DLPFC Reveals an Asymmetric Effect in Risky Decision Making: Evidence from a tDCS Study (2017)Activation of the DLPFC Revea…PROFIT SHARING IN HEDGE FUNDS (2016)PROFIT SHARING IN HEDGE FUNDSMyopic loss aversion, reference point, and money illusion (2014)Myopic loss aversion, referen…A study of decision process in MCDM problems with large number of criteria (2014)A study of decision process i…Prospect Theory and the Brain (2013)Prospect Theory and the BrainDiscriminating among probability weighting functions using adaptive design optimization (2013)Discriminating among probabil…Combining prospect theory and fuzzy numbers to multi-criteria decision making (2012)Combining prospect theory and…Optimal asset allocation under linear loss aversion (2011)Optimal asset allocation unde…Portfolio insurance and prospect theory investors: Popularity and optimal design of capital protected financial products (2010)Portfolio insurance and prosp…How loss averse are investors in financial markets? (2010)How loss averse are investors…Stated and revealed investment decisions concerning retail structured products (2009)Stated and revealed investmen…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Option pricing: A simplified approach (1979)The Pricing of Options on Assets with Stochastic Volatilities (1987)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of Value (1959)Implied Binomial Trees (1994)Implied Volatility Functions: Empirical Tests (1998)Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)Theory of rational option pricing (2005)Judgment under Uncertainty: Heuristics and Biases (1975)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)A perspective on judgment and choice: Mapping bounded rationality. (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Judgment under Uncertainty: Heuristics and Biases (1974)Perception of Risk (1987)Toward a Theory of Situation Awareness in Dynamic Systems (1995)Framing Processes and Social Movements: An Overview and Assessment (2000)Risk, Ambiguity, and the Savage Axioms (1961)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Theory of games and economic behavior (2019)Risk, Return, and Equilibrium: Empirical Tests (1973)Delta-Hedged Gains and the Negative Market Volatility Risk Premium (2003)Does Net Buying Pressure Affect the Shape of Implied Volatility Functions? (2004)Demand-Based Option Pricing (2005)Weighing risk and uncertainty. (1995)On the Shape of the Probability Weighting Function (1999)Salience Theory of Choice Under Risk (2012)The Adaptive Markets Hypothesis (2004)
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References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1981The Framing of Decisions and the Psychology of Choice17,834 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1976The valuation of options for alternative stochastic processes2,935 cited
  • 1978Prices of State-Contingent Claims Implicit in Option Prices2,209 cited
  • 1976The Valuation of Uncertain Income Streams and the Pricing of Options1,620 cited
  • 2003Stock Return Characteristics, Skew Laws, and the Differential Pricing of Individual Equity Options1,354 cited
  • 1996Curvature of the Probability Weighting Function990 cited
  • 2000Parameter-Free Elicitation of Utility and Probability Weighting Functions926 cited
  • 2000Recovering Risk Aversion from Option Prices and Realized Returns837 cited
  • 2000Nonparametric risk management and implied risk aversion740 cited
  • 1994Violations of the betweenness axiom and nonlinearity in probability739 cited
  • 2000A Parameter-Free Elicitation of the Probability Weighting Function in Medical Decision Analysis

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483 cited
  • 2016Experimental Tests of the Separation Theorem and the Capital Asset Pricing Model214 cited
  • Cited by

    • 2012Combining prospect theory and fuzzy numbers to multi-criteria decision making224 cited
    • 2021Mapping the field of behavioural biases: a literature review using bibliometric analysis151 cited
    • 2010How loss averse are investors in financial markets?104 cited
    • 2010Portfolio insurance and prospect theory investors: Popularity and optimal design of capital protected financial products103 cited
    • 2018Third-party reverse logistics provider selection approach based on hybrid-information MCDM and cumulative prospect theory94 cited
    • 2013Discriminating among probability weighting functions using adaptive design optimization68 cited
    • 2011Optimal asset allocation under linear loss aversion55 cited
    • 2018A new product development concept selection approach based on cumulative prospect theory and hybrid-information MADM55 cited
    • 2016PROFIT SHARING IN HEDGE FUNDS47 cited
    • 2017Activation of the DLPFC Reveals an Asymmetric Effect in Risky Decision Making: Evidence from a tDCS Study45 cited
    • 2013Prospect Theory and the Brain41 cited
    • 2009Stated and revealed investment decisions concerning retail structured products38 cited
    • 2022Evolutionary Game Analysis of Shared Manufacturing Quality Synergy under Dynamic Reward and Punishment Mechanism36 cited
    • 2014Myopic loss aversion, reference point, and money illusion35 cited
    • 2014A study of decision process in MCDM problems with large number of criteria34 cited
    • 2021Prospect theory and stock returns: Evidence from foreign share markets33 cited