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Closing a Mental Account: The Realization Effect for Gains and Losses
16 references·14 citing·26 second hop
Closing a Mental Account: The Realization Effect for Gains and Losses (2018)Closing a Mental Account: The Realization…Evaluating replicability of laboratory experiments in economics (2016)Evaluating replicability of l…Subject pool recruitment procedures: organizing experiments with ORSEE (2015)Subject pool recruitment proc…INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES (2011)INDIVIDUAL RISK ATTITUDES: ME…Who Gambles in the Stock Market? (2009)Who Gambles in the Stock Mark…Mental Accounting and Consumer Choice (2008)Mental Accounting and Consume…z-Tree: Zurich toolbox for ready-made economic experiments (2007)z-Tree: Zurich toolbox for re…Prospect Theory and Asset Prices (2001)Prospect Theory and Asset Pri…Mental accounting matters (1999)Mental accounting mattersAre Investors Reluctant to Realize Their Losses? (1998)Are Investors Reluctant to Re…An Experiment on Risk Taking and Evaluation Periods (1997)An Experiment on Risk Taking …Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice (1990)Gambling with the House Money…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence (1985)The Disposition to Sell Winne…Mental Accounting and Consumer Choice (1985)Mental Accounting and Consume…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …How do humans respond to large realized losses? (2025)How do humans respond to larg…Experiences, demand for risky investments, and implications for price dynamics (2024)Experiences, demand for risky…Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field (2024)Dynamic Inconsistency in Risk…Do people gamble or invest in the cryptocurrency market? Transactional-level evidence from Thailand (2024)Do people gamble or invest in…Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field (2023)Dynamic Inconsistency in Risk…Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field (2023)Dynamic Inconsistency in Risk…Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field (2023)Dynamic Inconsistency in Risk…Fully Closed: Individual Responses to Realized Gains and Losses (2022)Fully Closed: Individual Resp…The effect of paper outcomes versus realized outcomes on subsequent risk-taking: Field evidence from casino gambling (2021)The effect of paper outcomes …The Application of Mental Accounts of Behavioral Finance in Internet Economy (2021)The Application of Mental Acc…This Time Is Different: On Similarity and Risk Taking After Experienced Gains and Losses (2020)This Time Is Different: On Si…Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field (2020)Dynamic Inconsistency in Risk…Behavior when the chips are down: An experimental study of wealth effects and exchange media (2020)Behavior when the chips are d…Dynamic risk preferences under realized and paper outcomes (2019)Dynamic risk preferences unde…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)Risk as feelings. (2001)A domain‐specific risk‐attitude scale: measuring risk perceptions and risk behaviors (2002)Risk Aversion and Incentive Effects (2002)The Polarizing Impact of Science Literacy and Numeracy on Perceived Climate Change Risks (2012)On the psychology of poverty (2014)Global Evidence on Economic Preferences* (2018)The Framing of Decisions and the Psychology of Choice (1981)Time Discounting and Time Preference: A Critical Review (2002)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)Toward a positive theory of consumer choice (1980)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Investor Psychology and Asset Pricing (2001)When and Why Incentives (Don't) Work to Modify Behavior (2011)Are people conditionally cooperative? Evidence from a public goods experiment (2001)Altruistic punishment in humans (2002)Do Women Shy Away From Competition? Do Men Compete Too Much? (2007)Instructional manipulation checks: Detecting satisficing to increase statistical power (2009)
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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
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 2007z-Tree: Zurich toolbox for ready-made economic experiments9,517 cited
  • 1985Mental Accounting and Consumer Choice4,875 cited
  • 2011INDIVIDUAL RISK ATTITUDES: MEASUREMENT, DETERMINANTS, AND BEHAVIORAL CONSEQUENCES3,906 cited
  • 1998Are Investors Reluctant to Realize Their Losses?3,721 cited
  • 1985The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence3,550 cited
  • 2008Mental Accounting and Consumer Choice3,415 cited
  • 1999Mental accounting matters3,344 cited
  • 1990Gambling with the House Money and Trying to Break Even: The Effects of Prior Outcomes on Risky Choice2,378 cited
  • 2015Subject pool recruitment procedures: organizing experiments with ORSEE2,285 cited
  • 2001Prospect Theory and Asset Prices1,876 cited
  • 2009Who Gambles in the Stock Market?1,808 cited
  • 2016Evaluating replicability of laboratory experiments in economics1,314 cited

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1997
An Experiment on Risk Taking and Evaluation Periods
1,280 cited

Cited by

  • 2019Dynamic risk preferences under realized and paper outcomes50 cited
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  • 2020Behavior when the chips are down: An experimental study of wealth effects and exchange media32 cited
  • 2021The effect of paper outcomes versus realized outcomes on subsequent risk-taking: Field evidence from casino gambling17 cited
  • 2020Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field17 cited
  • 2024Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field13 cited
  • 2024Experiences, demand for risky investments, and implications for price dynamics10 cited
  • 2023Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field10 cited
  • 2020This Time Is Different: On Similarity and Risk Taking After Experienced Gains and Losses6 cited
  • 2023Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field6 cited
  • 2024Do people gamble or invest in the cryptocurrency market? Transactional-level evidence from Thailand5 cited
  • 2023Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field4 cited
  • 2025How do humans respond to large realized losses?2 cited
  • 2021The Application of Mental Accounts of Behavioral Finance in Internet Economy1 cited