RT Journal Article
SR 00
A1 Hlouskova, J.
A1 Tsigaris, P.
T1 The role of the marginal rate of substitution of wealth for a loss averse investor
JF Economics Bulletin
YR 2016
FD 2016-11-27
VO 36
IS 4
SP 2250
OP 2260
AB The marginal rate of substitution and the relative prices of goods have been used in economics to explain household's  behavior but they have not been used yet in the behavioral economics literature. This note attempts to fill the gap in  the literature with an application to a loss averse investor's demand for a risky asset in a one period model.
SN 1545-2921
LK https://pure.iiasa.ac.at/id/eprint/14061/