Optimal exit time from casino gambling: Strategies of precommitted and naive gamblers

XD He, S Hu, J Obłój, XY Zhou - SIAM Journal on Control and Optimization, 2019 - SIAM
We consider a casino gambling model with an indefinite end date and gamblers endowed
with cumulative prospect theory preferences. We study the optimal strategies of a …

Planning and action in a model of choice

M Ben-Akiva - Choice Modelling: The State-of-the-art and the State-of …, 2010 - emerald.com
Purpose: This chapter introduces a choice modeling framework that explicitly represents the
planning and action stages of the choice process. Methodology: A discussion of evidence …

[HTML][HTML] How power influences decision-makers' investment behavior in the domains of loss and gain

K Sekścińska, J Rudzinska-Wojciechowska - International Journal of …, 2021 - mdpi.com
We present a study (N= 645) investigating how power alters people's propensity to take
investment risks in a changing decision context of gains and losses and the intensity of their …

Know when to fold'em: The grit factor

L Alaoui, C Fons-Rosen - 2016 - repositori.upf.edu
This paper investigates the way dierent sides of grit in uence behavior. In addition to grit's
upside in achieving economic success associated with not giving up, it might also have a …

Losses tune differently than gains: how gains and losses shape attentional scope and influence goal pursuit

S Sadowski, BM Fennis, K van Ittersum - Cognition and Emotion, 2020 - Taylor & Francis
Research on the asymmetric effect of negative versus positive affective states (induced by
gains or losses) on scope of attention, both at a perceptual and a conceptual level, is …

Reinforcement learning models of risky choice and the promotion of risk-taking by losses disguised as wins in rats.

AT Marshall, K Kirkpatrick - Journal of Experimental Psychology …, 2017 - psycnet.apa.org
Risky decisions are inherently characterized by the potential to receive gains or incur losses,
and these outcomes have distinct effects on subsequent decision-making. One important …

Gamblers' habit

R Mizerski, K Mizerski, D Lam, A Lee - Journal of Business Research, 2013 - Elsevier
The theories used to understand and predict regular non-problem gambling are almost
exclusively affective or cognitive-oriented. These include motives, self-esteem, image …

Consumer emotions.

EB Andrade - 2015 - psycnet.apa.org
Consumer researchers have often pondered the relevance of the research published in the
field. This concern is exemplified by the recent remarks of the editors of the Journal of …

[PDF][PDF] Fully closed: Individual responses to realized capital gains and losses

S Meyer, M Pagel - 2018 - haas.berkeley.edu
We use transaction-level data of portfolio trades and holdings linked to checking, savings,
and settlement account transactions and balances to explore how individuals respond to …

Risk‐taking begets risk‐taking: Evidence from casino openings and investor portfolios

C Liao - Financial Review, 2023 - Wiley Online Library
We provide evidence that casino openings can have spillover effects on an individual's
portfolio risk‐taking. Using investor‐level brokerage data and the initial legalization and …