Hlouskova, J., Fortin, I. & Tsigaris, P. (2019). The consumption–investment decision of a prospect theory household: A two-period model with an endogenous second period reference level. Journal of Mathematical Economics 85, 93-108. 10.1016/j.jmateco.2019.10.003.
Hlouskova, J. & Tsigaris, P. (2016). The role of the marginal rate of substitution of wealth for a loss averse investor. Economics Bulletin 36 (4), 2250-2260.