Reference-dependent preferences and the risk–return trade-off

Keyphrases

• Reference Dependence 100%
• Face Prior 100%
• Stock Market 50%
• Expected Returns 50%
• Risk Measures 50%
• Positive Relations 50%
• Risk-return Relation 50%
• Prior Losses 50%

Economics, Econometrics and Finance

• Investors 100%
• Finance 50%
• Expected Return 50%