...Stephen Dansky; B. Andrew Cudmore; Amitabh S. Dutta Purpose The study investigates the effects of Prospect Theory’s loss aversion within the context of project financing. Design/methodology/approach The study makes use of a balanced paired comparison best/worst scaling (PCBWS) experimental...

... that investors' timing performance is significantly and negatively related to fund size, length of fund history, and momentum‐style of funds, but positively related to value‐style funds. These results suggest that mutual fund investors are loss‐averse and demonstrate return‐chasing behavior in well‐performing...

... Publishing Limited 2005 Behavioural finance Loss aversion Irrational Psychoanalytical theory Managerial Finance 46 Loss Aversion: A Qualitative Study In Behavioural Finance by Christiane Kleinübing Godoi, Rosilene Marcon, and Anielson Barbosa da Silva, Universidade do Vale do Itajai-UNIVALI...