Prospect Theory in the Field

Replication files for Han, Sui and Yang (2025) "Prospect Theory in the Field: Revealed Preferences from Mutual Fund Flows," Journal of Financial Economics, forthcoming. Pseudo-data are provided when the actual raw data are licensed. As a result, the outcomes generated using the pseudo data will not match the results in the paper.本复现文件对应韩、隋与杨（Han, Sui and Yang, 2025）发表于《金融经济学杂志》（即将刊出）的论文《田野中的前景理论（Prospect Theory）：来自共同基金现金流（Mutual Fund Flows）的显示偏好（Revealed Preferences）》。 若实际原始数据需获得授权方可获取，则本数据集将提供伪数据（Pseudo-data）。由此，使用该伪数据生成的分析结果将无法与论文中的研究结果完全一致。