Results 31 to 40 of about 128,515 (336)
Managerial Motivations in Fraudulent Financial Reporting According to Cumulative Perspective Theory [PDF]
بررسیهای حسابداری و حسابرسی, 2021 Objective: The purpose of this study is to answer the question of whether the four management attitudes toward risk, which is related to the Cumulative Prospect Theory, is effective in the occurrence of fraudulent financial reporting or not.
Ali Saghafi +1 more
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Cumulative prospect theory and gambling [PDF]
, 2005 Whilst Cumulative Prospect theory (CPT) provides an explanation of gambling on longshots at actuarially unfair odds, it cannot explain why people might bet on more favoured outcomes. This paper shows that this is explicable if the degree of loss aversion experienced by the agent is reduced for small-stake gambles (as a proportion of wealth), and ...
M Cain, D Law, D Peel
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Conditioning and Updating Under Cumulative Prospect Theory [PDF]
SSRN Electronic Journal, 2010 Under expected utility theory, unconditional expected utility can be decomposed into a weighted sum of conditional expected utilities where the weights are marginal probabilities. We derive necessary and sufficient conditions for a similar decomposition in the framework of Cumulative Prospect Theory (CPT).
Stomper, Alex, Vierø, Marie-Louise
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The effects of losses and event splitting on the Allais paradox [PDF]
Judgment and Decision Making, 2007 The Allais Paradox, or common consequence effect, has been a standard challenge to normative theories of risky choice since its proposal over 60 years ago. However, neither its causes nor the conditions necessary to create the effect are well understood.
Bethany J. Weber
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Original and Cumulative Prospect Theory: A Discussion of Empirical Differences [PDF]
, 1997 This paper discusses di€erences between prospect theory and cumulative prospect theory. It shows that cumulative prospect theory is not merely a formal correction of some theoretical problems in prospect theory, but it also gives di€erent predictions ...
Fennema, H. (Hein), Wakker, P.P. (Peter)
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Financial market equilibria with cumulative prospect theory [PDF]
Journal of Mathematical Economics, 2009 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
De Giorgi, Enrico +2 more
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Pseudo-Analysis as a Tool of Information Processing
Proceedings, 2022 The theory of the pseudo-analysis is based on a special real semiring (called also tropical semiring). This theory enables a unified approach to three important problems as nonlinearity, uncertainty and optimization, with many applications.
Endre Pap
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Multi-Period Investment Strategies under Cumulative Prospect Theory [PDF]
Journal of Risk and Financial Management, 2019 In this article, inspired by Shi et al., we investigate the optimal portfolio selection with one risk-free asset and one risky asset in a multiple period setting under the cumulative prospect theory (CPT) risk criterion. Compared with their study, our novelty is that we consider a stochastic benchmark and portfolio constraints.
Liurui Deng, Traian Pirvu
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The prediction of exit choice using cumulative prospect value
Journal of Safety Science and Resilience, 2023 Exit choice is essential for pedestrian safety and evacuation efficiency during the context of an emergency. Cumulative prospect theory is a widespread realistic decision-making theory that can transform choice outcomes and probabilities into subjective ...
Dongli Gao +5 more
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Discrete Dynamics in Nature and Society, 2021 The cumulative prospect theory provides a better description for route choice behavior of the travelers in an uncertain road network environment. In this study, we proposed a multiclass cumulative prospect value- (CPV-) based cross-nested logit (CNL ...
Dongmei Yan, Yang Yang
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