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Keywords: Loss-averse behavior
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Journal Articles
Engineering, Construction and Architectural Management (2022) 29 (3): 1396–1426.
Published: 29 April 2021
...Jian Guo; Junlin Chen; Yujie Xie Purpose This paper explores the impact of both government subsidies and decision makers' loss-averse behavior on the determination of transportation build-operate-transfer (BOT) concession periods based on cumulative prospect theory (CPT). The prospect value...
