Prospect theory: An analysis of decision under risk

D Kahneman, A Tversky - … fundamentals of financial decision making …, 2013 - World Scientific
theory as a descriptive model of decision making under risk, and develops an alternative
model, called prospect theory… with the basic tenets of utility theory. In particular, people …

Prospect theory and political decision making

B Vis - Political Studies Review, 2011 - journals.sagepub.com
… value of prospect theory for explaining collective decision making. This is not to say that
prospect theory is the only possible explanation: on the contrary. Prospect theory's insights may …

Decision making under time pressure, modeled in a prospect theory framework

DL Young, AS Goodie, DB Hall, E Wu - … behavior and human decision …, 2012 - Elsevier
… Further, by modeling CEs in a formal prospect theory framework, we can assess decision
making under time pressure more rigorously than had previously been done. In modeling both …

Prospect theory on the brain? Toward a cognitive neuroscience of decision under risk

C Trepel, CR Fox, RA Poldrack - Cognitive brain research, 2005 - Elsevier
… models of decision making, such as prospect theory, could be interfaced with computational
learning models, providing a compound model of both learning and decision making. …

Decision-making under uncertainty–A field study of cumulative prospect theory

G Gurevich, D Kliger, O Levy - Journal of Banking & Finance, 2009 - Elsevier
The presented research tests cumulative prospect theory (CPT, [Kahneman, D., Tversky, A.,
1979. Prospect theory: An analysis of decision under risk. Econometrica 47, 263–291; …

[PDF][PDF] Prospect theory: An analysis of decision under risk

D Kai-Ineman, A Tversky - Econometrica, 1979 - hassler-j.iies.su.se
theory as a descriptive model of decision making under risk, and develops an alternative
model, called prospect theory… with the basic tenets of utility theory. In particular, people …

An introduction to prospect theory

JS Levy - Political psychology, 1992 - JSTOR
Prospect theory has emerged as a leading alternative to … of decision are ultimately reconcilable
(Tversky & Kahneman, 1986). I will analyze the potential contribution of prospect theory

Thirty years of prospect theory in economics: A review and assessment

NC Barberis - Journal of economic perspectives, 2013 - aeaweb.org
… The research described in this paper also gives us a preliminary sense of the relative
importance of the various components of prospect theory in economic decision making. Reference …

Looking at prospect theory

P Bromiley - Strategic Management Journal, 2010 - Wiley Online Library
… demonstrates that prospect theory's (PT) … a decision maker with wealth of $10 million facing
an investment with potential outcomes of +/−$1 million. In expected utility, a decision maker

Prospect theory and the brain

CR Fox, RA Poldrack - Neuroeconomics, 2009 - Elsevier
… of prospect theory's functions, and review methods for eliciting them. We then take stock of
the early neuroeconomic studies of prospect theory, … Decision makers should act as if they are …