Applying regret theory to investment choices: Currency hedging decisions

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Regret theory-based route choices and traffic equilibria (2012, background): “…that the overwhelming majority of RT-studies performed in the various social sciences have dealt with binary rather than multinomial choice situations, and that therefore the bulk of available empirical evidence applies to binary choices (see Michenaud and Solnik (2008) for a notable exception).”
Do investors exhibit behavioral biases in investment decision making? A systematic review (2018, background): “The investors have a tendency to focus on the fundamental factors like return on equity (Michenaud and Solnik, 2008), profit margin (Otuteye and Siddiquee, 2015), future growth (Moradi et al.”
Impact of Financial Literacy and Behavioural Biases on Investment Decision-making (2021, background): “Regret is linked with the logic of accountability for choice, and therefore differs from the aggravation of assigning responsibility to external components for poor results (Michenaud & Solnik, 2008).”
Psychology-based Models of Asset Prices and Trading Volume (2018, background): “…specifications that researchers have explored are horizon-dependent risk aversion, whereby the individual is more averse to an imminent risk than to a distant one (Eisenbach and Schmalz, 2016; Andries et al., 2018); and regret aversion (Michenaud and Solnik, 2008; Frydman and Camerer, 2016).”