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- W2123282023 abstract "Based on Tversky and Kahneman’s Prospect Theory, we test the existence of reference dependence, loss aversion and diminishing sensitivity in Spanish tourism. To do this, we incorporate the reference-dependent model into a Multinomial Logit Model with Random Parameters -which controls for heterogeneity- and apply it to a sample of vacation choices made by Spaniards. We" @default.
- W2123282023 created "2016-06-24" @default.
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- W2123282023 date "2008-05-01" @default.
- W2123282023 modified "2023-09-23" @default.
- W2123282023 title "Testing reference dependence, loss aversion and diminishing sensitivity in Spanish tourism" @default.
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