Here is a small sample of the academic literature that describes the effects that Rosevalley’s portfolio are built upon. This list is meant to be representative rather than exhaustive. The body of academic research covering these topics is substantial.
The Behavioral Life-Cycle Hypothesis – Hersh Shefrin, Richard Thaler (Economic Inquiry, Oct 1988, 26, 4)
The Disposition Effect and Underreaction to News – Andrea Frazzini (The Journal of Finance; Vol. LXI, No. 4, August 2006)
The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence – Hersh Shefrin, Meir Statman (The Journal of Finance, Vol. XL, No. 3, July 1985)
The Limits of Arbitrage – Andrei Shleifer, Robert Vishny (The Journal of Finance, Vol. LII, No. 1, March 1997)
Not lost in translation: Successfully replicating Prospect Theory in 19 countries – Kai Ruggeri et al. (not yet published, available in Pre-print, September 2019)
Prospect Theory: An analysis of decision under risk – Daniel Kahneman, Amos Tversky (Econometrica, Vol 47, No. 2, March 1979)
Prospect Theory, mental accounting, and momentum – Mark Grinblatt, Bing Han (Journal of Financial Economics 78, 2005)
Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency – Narasimhan Jegadeesh, Sheridan Titman (The Journal of Finance, Vol. XLVIII, No. 1, March 1993)