Concepedia

Reference Point Dependence

Reference Point Dependence is a cognitive bias in investing whereby individuals evaluate financial outcomes relative to a prior reference point, such as an initial purchase price or a recent peak in asset value, rather than in absolute terms, leading to distorted judgments about gains and losses.

147

Publications

12.2K

Citations

310

Authors

231

Institutions

Publications per year

2017–2026

55

Parents

Publications

147

Psychology and Economics: Evidence from the Field

Stefano DellaVigna · Journal of Economic Literature · 2009 · 2.4K citations

, , +17

How Basic Are Behavioral Biases? Evidence from Capuchin Monkey Trading Behavior

M. Keith Chen, Venkat Lakshminarayanan, Laurie R. Santos · Journal of Political Economy · 2006 · 466 citations

, , +17

Reference-Dependent Preferences: Evidence from Marathon Runners

Eric J. Allen, Patricia Dechow, Devin G. Pope et al. · Management Science · 2016 · 337 citations

, , +17

Reference-Point Formation and Updating

Manel Baucells, Martin Weber, Frank Welfens · Management Science · 2011 · 331 citations

, , +16

Prospect Theory in Political Science: Gains and Losses From the First Decade

Rose McDermott · Political Psychology · 2004 · 290 citations

, , +12

1–5 of 147

Authors

310

  1. CS
    Charles Sprenger

    University of California San Diego, United States

    4 publications · 156 citations

    4

    h-index

  2. LG
    Lorenz Göette

    University of Lausanne, Switzerland

    4 publications · 156 citations

    4

    h-index

  3. SC
    Subimal Chatterjee

    Binghamton University, United States

    3 publications · 418 citations

    3

    h-index

  4. LR
    Laurie R. Santos

    Yale University, United States

    3 publications · 677 citations

    3

    h-index

  5. TB
    Timothy B. Heath

    University of Pittsburgh, United States

    3 publications · 418 citations

    3

    h-index

1–5 of 310

Institutions

231

  1. University of Pennsylvania

    Philadelphia, United States

    7 h-index

    11 publications

    857 citations

  2. University of Chicago

    Chicago, United States

    5 h-index

    8 publications

    1.2K citations

  3. Tilburg University

    Tilburg, The Netherlands

    5 h-index

    8 publications

    519 citations

  4. University of California, Berkeley

    Berkeley, United States

    5 h-index

    5 publications

    3.1K citations

  5. University of California San Diego

    San Diego, United States

    5 h-index

    8 publications

    296 citations

  6. The Ohio State University

    Columbus, United States

    4 h-index

    4 publications

    385 citations

  7. Yale University

    New Haven, United States

    4 h-index

    8 publications

    1.6K citations

  8. University of Toronto

    Toronto, Canada

    4 h-index

    5 publications

    486 citations

1–8 of 231

Venues

  1. SSRN Electronic Journal

    Repository · 15 publications · 568 citations

    13

    h-index

  2. Management Science

    9 publications · 1.5K citations

    9

    h-index

  3. Journal of Economic Behavior & Organization

    6 publications · 218 citations

    6

    h-index

  4. Journal of Behavioral Decision Making

    5 publications · 379 citations

    5

    h-index

  5. American Economic Review

    4 publications · 378 citations

    4

    h-index

1–5