期刊名称：Asian Journal of Economics, Business and Accounting
印刷版ISSN：2456-639X
出版年度：2020
卷号：20
期号：3
页码：31-38
DOI：10.9734/ajeba/2020/v20i330326
语种：English
出版社：Sciencedomain International
摘要：Aims: This study undertook a critical comparative assessment of cumulative prospect theory and Radner theory. The aim is to examine investors’ behavior in the financial market using these theories. The specific objectives of the study were to examine if there are similarities between the cumulative prospect theory and Radner theory; ascertain the implications of the cumulative prospect theory to financial market; find out the implications of the Radner theory to financial market; and assess the drawbacks of the cumulative prospect a’’nd Radner theories.
关键词：Investors’ behavior;cumulative prospect theory;radner theory and general equilibrium
