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8 With respect to Prospect Theory (Kahneman and Tversky, 1979, Prospect theory: An analysis of decision under risk, Econometrica): Does the value function imply investors
8 With respect to "Prospect Theory" (Kahneman and Tversky, 1979, "Prospect theory: An analysis of decision under risk", Econometrica): Does the "value function" imply investors will be more or less attracted to lottery-like investments after recent investment losses? Explain
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