论文标题

前景理论价值功能的新概念

New Concept for the Value Function of Prospect Theory

论文作者

Sano, Kazuo

论文摘要

在前景理论中,价值函数通常是凹入的,通常是损失的凸出,损失通常比收益陡峭。神经系统在很大程度上不同于损失和侧面。关于与此问题有关的神经元的五项新研究检查了对损失,收益和参考点的神经元反应。这项研究调查了价值函数的新概念。具有神经元尖的价值函数可能显示出与灾难的变化和行为尖,而交易者关闭了自己的位置。

In the prospect theory, value function is typically concave for gains, commonly convex for losses, with losses usually having a steeper slope than gains. The neural system largely differs from the loss and gains sides. Five new studies on neurons related to this issue have examined neuronal responses to losses, gains, and reference points. This study investigates a new concept of the value function. A value function with a neuronal cusp may show variations and behavior cusps with catastrophe where a trader closes one's position.

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