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Need a professional 'white paper', d12 point font;do not count in the page limit.In your report be sure to include the following topics: 1) Prospect
Need a professional 'white paper', d12 point font;do not count in the page limit.In your report be sure to include the following topics: 1) Prospect theory vs. expected utility theory, 2) A numeric example demonstrating violations of expected utility theory, 3) Description of the value function, 4) Implications of prospect theory (or behavioral finance) for the Efficient Market Hypothesis, and 5) An example of an anomaly that could be explained by prospect theory
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