{"id":"https://openalex.org/W7202394780","doi":"https://doi.org/10.1016/j.frl.2026.110640","title":"Capital gains overhang model with dual reference points","display_name":"Capital gains overhang model with dual reference points","publication_year":2026,"publication_date":"2026-08-13","ids":{"openalex":"https://openalex.org/W7202394780","doi":"https://doi.org/10.1016/j.frl.2026.110640"},"language":"en","primary_location":{"id":"doi:10.1016/j.frl.2026.110640","doi":"https://doi.org/10.1016/j.frl.2026.110640","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2026.110640","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5147075888","display_name":"Xilai He","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xilai He","raw_affiliation_strings":["School of Business Administration, Southwestern University of Finance and Economics, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, Southwestern University of Finance and Economics, China","institution_ids":["https://openalex.org/I204831749"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5114439628","display_name":"Gang Kou","orcid":"https://orcid.org/0000-0002-9220-8647","observed_orcids":["https://orcid.org/0000-0002-9220-8647"]},"institutions":[{"id":"https://openalex.org/I204831749","display_name":"Southwestern University of Finance and Economics","ror":"https://ror.org/04ewct822","country_code":"CN","type":"education","lineage":["https://openalex.org/I204831749"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Gang Kou","raw_affiliation_strings":["School of Business Administration, Southwestern University of Finance and Economics, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Business Administration, Southwestern University of Finance and Economics, China","institution_ids":["https://openalex.org/I204831749"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5114439628"],"corresponding_institution_ids":["https://openalex.org/I204831749"],"apc_list":{"value":3730,"currency":"USD","value_usd":3730},"apc_paid":null,"fwci":6.3849,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.96751616,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":96},"biblio":{"volume":"111","issue":null,"first_page":"110640","last_page":"110640"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9717000126838684,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9717000126838684,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.005100000184029341,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.00430000014603138,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/reference-dependent-preferences","display_name":"reference-dependent preferences","score":0.6110000014305115},{"id":"https://openalex.org/keywords/investor-behavior","display_name":"investor behavior","score":0.42899999022483826},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.4009999930858612}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6733999848365784},{"id":"https://openalex.org/C2780980858","wikidata":"https://www.wikidata.org/wiki/Q110022","display_name":"Dual (grammatical number)","level":2,"score":0.6588000059127808},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.5515000224113464},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5270000100135803},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3077999949455261},{"id":"https://openalex.org/C13662910","wikidata":"https://www.wikidata.org/wiki/Q193139","display_name":"Trajectory","level":2,"score":0.3025999963283539},{"id":"https://openalex.org/C2778112365","wikidata":"https://www.wikidata.org/wiki/Q3511065","display_name":"Sequence (biology)","level":2,"score":0.29739999771118164},{"id":"https://openalex.org/C560292","wikidata":"https://www.wikidata.org/wiki/Q1113011","display_name":"Fixed capital","level":5,"score":0.28209999203681946},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.27559998631477356},{"id":"https://openalex.org/C18762648","wikidata":"https://www.wikidata.org/wiki/Q42213","display_name":"Work (physics)","level":2,"score":0.2703000009059906},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.26570001244544983},{"id":"https://openalex.org/C28719098","wikidata":"https://www.wikidata.org/wiki/Q44946","display_name":"Point (geometry)","level":2,"score":0.26190000772476196}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.frl.2026.110640","doi":"https://doi.org/10.1016/j.frl.2026.110640","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2026.110640","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":32,"referenced_works":["https://openalex.org/W1494902201","https://openalex.org/W1884805570","https://openalex.org/W1989444389","https://openalex.org/W1998677466","https://openalex.org/W2101194190","https://openalex.org/W2102463413","https://openalex.org/W2125207389","https://openalex.org/W2148846503","https://openalex.org/W2229654053","https://openalex.org/W2322530610","https://openalex.org/W2551622572","https://openalex.org/W2906486611","https://openalex.org/W2946791729","https://openalex.org/W2952546395","https://openalex.org/W2996327926","https://openalex.org/W3023902123","https://openalex.org/W3121252329","https://openalex.org/W3121673469","https://openalex.org/W3121791408","https://openalex.org/W3121915741","https://openalex.org/W3121917522","https://openalex.org/W3123150828","https://openalex.org/W3124775186","https://openalex.org/W3125297504","https://openalex.org/W3125427970","https://openalex.org/W3125593567","https://openalex.org/W3128838339","https://openalex.org/W3135690877","https://openalex.org/W3212557691","https://openalex.org/W4230177757","https://openalex.org/W4390582788","https://openalex.org/W7136263828"],"related_works":["https://openalex.org/W7099377758","https://openalex.org/W7008083736","https://openalex.org/W1916447602","https://openalex.org/W2908060354","https://openalex.org/W1576212087","https://openalex.org/W2130729259","https://openalex.org/W4298041673","https://openalex.org/W7057993130","https://openalex.org/W2318369928","https://openalex.org/W7008481759"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1}],"updated_date":"2026-10-28T10:33:24.094632","created_date":"2026-08-14T00:00:00"}
