Abstract In 1979, Daniel Kahneman and Amos Tversky, published a paper in Econometrica
titled “Prospect Theory: An Analysis of Decision under Risk.” The paper presented a new …

Why travelers use Airbnb again? An integrative approach to understanding travelers’
repurchase intention | Emerald Insight Books and journals Case studies Expert Briefings Open …

Behavioral finance tries to make sense of financial data using models that are based on
psychologically accurate assumptions about people's beliefs, preferences, and cognitive …

Purpose The purpose of this paper is to study the disposition effect that is exhibited by the
investors through the review of research articles in the area of behavioral finance. When the …

We test whether the display of information causally affects investor behavior in a high‐stakes
trading environment. Using investor‐level brokerage data from China and a natural …

This chapter provides an overview of household finance. The first part summarizes key facts
regarding household financial behavior, emphasizing empirical regularities that are …

Many consumers provide lengthy but minimal informative reviews just to meet the word
count requirement in e-commerce platforms. Not only do these non-informative reviews not …

I document a new stylized fact about how investors trade assets: individuals are more likely
to sell the extreme winning and extreme losing positions in their portfolio (“the rank effect”) …

Investors increasingly can obtain advice from “robo-advisors", artificial intelligence–enabled
digitalized service agents. We study whether and why the provision of investment advice …

Although reference dependence plays a central role in explaining behavior, little is known
about the way that reference points are selected. This paper identifies empirically which …