• Publications
  • Influence
Prospect Theory and Asset Prices
We study asset prices in an economy where investors derive direct utility not only from consumption but also from fluctuations in the value of their financial wealth. They are loss averse over theseExpand
  • 1,611
  • 192
  • PDF
How Much of the Corporate-Treasury Yield Spread is Due to Credit Risk?
We show that credit risk accounts for only a small fraction of yield spreads for investment-grade bonds of all maturities, with the fraction lower for bonds of shorter maturities, and that itExpand
  • 1,095
  • 114
  • PDF
Mental Accounting, Loss Aversion, and Individual Stock Returns
We study equilibrium firm-level stock returns in two economies: one in which investors are loss averse over the fluctuations of their stock portfolio and another in which they are loss averse overExpand
  • 832
  • 105
  • PDF
Individual Preferences, Monetary Gambles, and Stock Market Participation: A Case for Narrow Framing
We argue that ?narrow framing,? whereby an agent who is offered a new gamble evaluates that gamble in isolation, may be a more important feature of decisionmaking than previously realized. OurExpand
  • 450
  • 39
  • PDF
Toeholds and Takeovers
Part ownership of a takeover target can help a bidder win a takeover auction, often at a low price. A bidder with a ‘toehold’ bids aggressively in a standard ascending auction because its offers areExpand
  • 443
  • 33
  • PDF
Difference of coagulation features between severe pneumonia induced by SARS-CoV2 and non-SARS-CoV2
Severe coronavirus disease 2019 (COVID-19) is commonly complicated with coagulopathy, the difference of coagulation features between severe pneumonia induced by SARS-CoV2 and non-SARS-CoV2 has notExpand
  • 248
  • 9
Meat quality, fatty acid composition and sensory evaluation of Cherry Valley, Spent Layer and Crossbred ducks.
The aim of this research was to compare meat quality characteristics of Cherry Valley (CV), Spent Layer (SL) and Crossbred (CB) ducks. Meat quality, proximate and fatty acid composition were measuredExpand
  • 22
  • 8
Effects of low-voltage electrical stimulation and rapid chilling on meat quality characteristics of Chinese Yellow crossbred bulls.
In this study, the effects of low-voltage electrical stimulation (LVES) and rapid chilling (RC) treatments on the quality characteristics of beef carcasses were evaluated, including the rate of pHExpand
  • 50
  • 7
  • PDF
The Effect of Insulin, TNFα and DHA on the Proliferation, Differentiation and Lipolysis of Preadipocytes Isolated from Large Yellow Croaker (Pseudosciaena Crocea R.)
Fish final product can be affected by excessive lipid accumulation. Therefore, it is important to develop strategies to control obesity in cultivated fish to strengthen the sustainability of theExpand
  • 33
  • 7
  • PDF
Effect of sage (Salvia officinalis) on the oxidative stability of Chinese-style sausage during refrigerated storage.
The objective of this study was to assess the effect of sage, at levels of 0.05%, 0.1% and 0.15% (w/w), on the oxidative stability of Chinese-style sausage stored at 4°C for 21 days. The resultsExpand
  • 70
  • 6
...
1
2
3
4
5
...