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- 2013-8-21
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key difference seems to be the way gains / losses are treated in the two.
Here - both in case of a 15% gain and a 25% loss - the security is being SOLD.
For Prospect theory - with a 15% gain - you would take on more risk - and buy more, while for the loss case - you would sell it …
this is my understanding at the present moment.. |
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发表于 2013-4-22 09:37
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