[WITHDRAWN] Credit Decision Behavior Model of Bank Manager Based on Prospect Theory
- 10.2991/isss-17.2017.124How to use a DOI?
- Prospect Theory, Credit Decision, Expected Utility Theory.
In the traditional financial theory, the expectation utility theory gives an accurate description of rational behavior under uncertain conditions. But in reality, faced with the loan application customers in the same objective conditions, due to differences in individual behavior preferences, loan managers may give different credit decision results. Based on the prospect theory, this paper constructs the credit decision model of the bank loan managers, and compares the expected utility theory and the prospect theory with examples. It can be seen from the results that the prospect theory is better than the expectation utility theory in describing the credit decision behavior of Chinese commercial banks and can describe the credit decision behavior of commercial bank loan managers better.
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Wenjie Xing PY - 2017/05 DA - 2017/05 TI - [WITHDRAWN] Credit Decision Behavior Model of Bank Manager Based on Prospect Theory BT - Proceedings of 3rd International Symposium on Social Science (ISSS 2017) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/isss-17.2017.124 DO - 10.2991/isss-17.2017.124 ID - Xing2017/05 ER -