Across
- 4. People feel this more strongly than gains in Prospect Theory
- 7. Gains and losses in Prospect Theory are evaluated relative to this point
- 9. Example of overweighting small probabilities in Prospect Theory
- 10. Dorn and Sengmueller suggest some investors trade for this reason
- 11. Some investors prefer spending these rather than selling capital
- 12. Investors often attribute good _____ to their own skill
- 15. Prospect Theory shows people distort this when making decisions
Down
- 1. Investors believe their skills or information are better than they really are
- 2. Behavioral concept where people divide money into separate accounts
- 3. Bias where losses feel stronger than equal gains
- 5. Kahneman and Deaton study experienced _____ and income
- 6. In Expected Utility Theory people maximize expected _____
- 8. According to Barber and Odean excessive _____ is hazardous to your wealth
- 13. Risk of falling below an aspiration level
- 14. Self-attribution _____ makes investors believe success comes from skill