The effect of prior outcomes on risky choice

Type:
Bachelor Thesis Business Administration
    Status:
    completed
    Tutor:
    Jonas Dorlöchter, M.Sc.

    Abstract

    Einstiegsliteratur:

    • Thaler, R. H./Johnson, E. J. (1990): Gambling with the house money and trying to break even: The effect of prior outcomes on risky choice; in: Management Science, Vol. 36(6), 643-660.
    • Merkle, C. (2020): Financial Loss Aversion Illusion, in: Review of Finance. 24(2), 381-413.
    • Merkle, Christoph, Jan Müller-Dethard, and Martin Weber. (2021): "Closing a Mental Account: The Realization Effect for Gains and Losses.", in: Experimental Economics, 24(1), 303-329.