|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/30262
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Schmidt, Ulrich | | en_US |
| dc.contributor.author | | Zank, Horst | | en_US |
| dc.date.accessioned | | 2010-04-07 | | en_US |
| dc.date.accessioned | | 2010-04-29T15:12:14Z | | - |
| dc.date.available | | 2010-04-29T15:12:14Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/30262 | | - |
| dc.description.abstract | | In previous models of (cumulative) prospect theory reference-dependence of preferences is imposed beforehand and the location of the reference point is exogenously determined. This note provides a foundation of prospect theory, where reference-dependence is derived from preference conditions and a unique reference point arises endogenously. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Kiel Institute for the World Economy (IfW) Kiel | | en_US |
| dc.relation.ispartofseries | | Kiel working paper 1611 | | en_US |
| dc.subject.jel | | D81 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Prospect theory | | en_US |
| dc.subject.keyword | | reference point | | en_US |
| dc.subject.keyword | | diminishing sensitivity | | en_US |
| dc.subject.keyword | | loss aversion | | en_US |
| dc.title | | Endogenizing prospect theory's reference point | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 623170108 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|