Results 11 to 20 of about 1,058 (153)

Myopic Loss Aversion, Disappointment Aversion, and the Equity Premium Puzzle [PDF]

SSRN Electronic Journal, 2003
This paper takes a close look at the "behavioural finance" explanations of the equity premium puzzle, namely myopic loss aversion [Benartzi, S., Thaler, R.H.,1995. Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics 110, 73-92] and disappointment aversion [Ang, A., Bekaert, G., Liu, J., 2005.
Fielding, David, Stracca, Livio
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DISAPPOINTMENT AVERSION PREMIUM PRINCIPLE

ASTIN Bulletin, 2015
AbstractIn recent years, the determination of premium principle under various non-expected utility frameworks has become popular, such as the pioneer works by Tsanakas and Desli (2003) and Kaluszka and Krzeszowiec (2012). We here revisit the problem under another prevalent behavioral economic theory, namely the Disappointment Aversion (DA) Theory ...
Cheung, K., Chong, W., Elliott, R., Yam, S.   +3 more
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DISAPPOINTMENT AVERSION AND SOCIAL COMPARISONS IN A REAL‐EFFORT COMPETITION [PDF]

Economic Inquiry, 2017
We present an experiment to investigate the source of disappointment aversion in a sequential real‐effort competition. Specifically, we study the contribution of social comparison effects to the disappointment aversion previously identified in a two‐person real‐effort competition (Gill, D., and V. Prowse.
Simon Gächter, Lingbo Huang, Martin Sefton   +2 more
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Why are lotteries valued less? Multiple tests of a direct risk-aversion mechanism

Judgment and Decision Making, 2012
Recent studies have identified the uncertainty effect (UE), whereby risky prospects (e.g., a binary lottery that offers either a $50 or $100 gift certificate) are valued less than their worst possible outcome (a $50 certificate).
George E. Newman, Daniel Mochon
doaj   +1 more source

A Structural Analysis of Disappointment Aversion in a Real Effort Competition [PDF]

American Economic Review, 2009
We develop a novel computerized real effort task, based on moving sliders across a screen, to test experimentally whether agents are disappointment averse when they compete in a real effort sequential-move tournament. We predict that a disappointment averse agent, who is loss averse around her endogenous choice-acclimating expectations-based reference
Gill, David, Prowse, Victoria Liza
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Research on the Correlation between Equity Premium, Investors’ Disappointment and Disgust Psychology [PDF]

SHS Web of Conferences
As China continues to develop, the A-share market will also encounter certain problems during its development process. This study focuses on the phenomenon of equity premium in the Chinese A-share market, and explores in depth the correlation between ...
Chen Pengyi
doaj   +1 more source

Mechanical plaque removal in step‐1 of care

Periodontology 2000, EarlyView., 2023
Abstract Maintaining a regular oral hygiene routine is essential for taking care of our mouths, ensuring healthy teeth, and achieving fresh breath. Patient education on oral hygiene is an important component of their overall treatment. Firstly, patients should be informed about the direct connection between bacteria in dental plaque and oral diseases ...
G. A. (Fridus) Van der Weijden, Cor van Loveren   +1 more
wiley   +1 more source

Effects of Consumers’ Strategic Behavior and Psychological Satisfaction on the Retailer’s Pricing and Inventory Decisions

IEEE Access, 2019
This paper introduces a concept of psychological satisfaction to describe the utility of customers under different psychological perception. It studies the purchase behavior of strategic customers based on their psychological satisfaction and analyzes ...
Ji Quan, Xiaofeng Wang, Yi Quan
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Disastrous Disappointments: Asset-Pricing with Disaster Risk and Disappointment Aversion [PDF]

Federal Reserve Bank of Dallas, Working Papers, 2013
In this paper, I combine disappointment aversion, as employed by Routledge and Zin (2010) and Campanale, Castro, and Clementi (2010), with rare disasters in the spirit of Rietz (1988), Barro (2006), Gourio (2008), Gabaix (2008) and others. I find that, when the model’s representative agent is endowed with an empirically plausible degree of ...
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“We are competely dependent on them . . .” – relations between the helpers and the hiding as exemplified by Fela Fischbein’s diary

Zagłada Żydów, 2010
The text is an analysis of the relations between a hiding Jewess, Fela Fischbein, and her landlady, a Polish woman, Katarzyna Dunajewska. In hiding, Fela wrote her diary, which was the basis for the description of her feelings, experiences, her ...
Barbara Engelking
doaj   +1 more source