2024
DOI: 10.1016/j.pacfin.2023.102199
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Return predictability of prospect theory: Evidence from the Thailand stock market

Xi Chen,
Junbo Wang,
Xiaoling Zhong
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Cited by 4 publications
(2 citation statements)
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“…• Prospect Theory: This hypothesis, which Kahneman and Tversky developed, shows that people often assess possible losses and profits asymmetrically, undermining the notion that people make rational decisions. It presents the idea of "loss aversion" and implies that people frequently base their decisions on how they perceive their reference point [83]. • Game Theory: Game theory examines decision-making in interactive scenarios where the result of one participant's choice depends on the decisions of other participants.…”
Section: Decision-making Theories and Modelsmentioning
confidence: 99%
“…• Prospect Theory: This hypothesis, which Kahneman and Tversky developed, shows that people often assess possible losses and profits asymmetrically, undermining the notion that people make rational decisions. It presents the idea of "loss aversion" and implies that people frequently base their decisions on how they perceive their reference point [83]. • Game Theory: Game theory examines decision-making in interactive scenarios where the result of one participant's choice depends on the decisions of other participants.…”
Section: Decision-making Theories and Modelsmentioning
confidence: 99%
“…The StockPTV dataset encompasses daily time series data for multiple stocks, featuring both stock prices and trading volumes (Chen et al, 2024). This dataset serves as a fundamental resource for the empirical investigation conducted in this study, providing a detailed understanding of the dynamics of stock prices and trading volumes.…”
Section: Datasetsmentioning
confidence: 99%